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Asian energy stocks sink, airlines rise on OPEC decision HONG KONG: Shares in energy firms tumbled Friday after oil prices hit four-year lows in reaction to OPEC's decision to ignore calls for an output cut, although the prospect of cheaper fuel sent airlines surging.Sydney's ASX/S&P 200, the home of commodity giants such as BHP Billiton, Woodside and Santos, was the stand-out loser, although Asian stock markets were mixed as cheaper oil means lower import costs.At a closely watched meeting Thursday the Organization of the Petroleum Exporting Countries (OPEC) said it would "maintain the production level of 30 million barrels per day", where it has been for the past three years.The 12-nation cartel, which pumps a third of global oil supplies, made the move despite calls from around the world -- including from some of its own members -- to cut output as prices have fallen by a third since June.The news was greeted with a huge sell-off on oil ...

TSX drops as energy shares dive after OPEC meeting TORONTO: Canada's main stock index fell on Thursday as the outcome of an Organization of the Petroleum Exporting Countries meeting hit oil prices, weighing on shares of energy producers and offsetting gains in most of the sectors.The OPEC meeting was the market's focus as it came after months of depressed oil prices, which have been weighed by concerns about increasing supply and sluggish demand for the commodity. The cartel did not announce the output cut ...
US stock markets closed Thursday NEW YORK: Financial markets in the United States will be closed Thursday for the Thanksgiving Day holiday.The New York Stock Exchange and the Nasdaq Stock Market will have shortened trading sessions Friday, with both closing three hours early at 1:00 pm (1800 GMT).Copyright AFP (Agence France-Presse), 2014 ...
TSX ends lower as energy shares drop with oil price TORONTO: Canada's main stock index dipped on Wednesday as shares of energy producers dropped with oil prices, with investors looking ahead to the outcome of an OPEC meeting later this week. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 35.24 points, or 0.23 percent, at 15,038.41. Eight of the 10 main sectors on the index were higher. Copyright Reuters, 2014 ...
S&P 500 ends at record high boosted by tech shares NEW YORK: US stocks rose on Wednesday boosted by tech shares, with the S&P 500 and Dow industrials closing at records, while the energy sector was once more the largest weight on the market as crude prices continued to flirt with multi-year lows. Hewlett-Packard, Apple and chipmakers were among the largest advancers, with the PHLX semiconductor index closing up 2.1 percent to its highest since June 2001. Analog Devices jumped 5.5 percent to $54.56, leading ...
OPEC meeting in focus as energy shares drag TSX down TORONTO: Canada's main stock index fell on Wednesday as the shares of energy producers dropped with oil prices, with investors looking ahead to the outcome of an Organization of the Petroleum Exporting Countries meeting later this week. The meeting is significant as it comes after months of volatility in the price of oil, which has plummeted over concerns about an imbalance in the commodity's supply and demand. Investors hopeful of a big supply cut were ...
S&P 500 hits record as tech rallies, but energy weighs NEW YORK: US stocks rose on Wednesday boosted by tech shares, with the S&P 500 and Dow industrials closing at records, while the energy sector was once more the largest weight on the market as crude prices continued to flirt with multi-year lows. The Dow Jones industrial average rose 12.75 points, or 0.07 percent, to 17,827.69, the S&P 500 gained 5.76 points, or 0.28 percent, to 2,072.79 and the Nasdaq Composite added 29.07 points, or ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln