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Asia heartened by Wall St high, dollar in demand SYDNEY: Asian markets should be well underpinned on Tuesday after Wall Street closed at historic highs while oil prices suffered a vicious setback after Saudi Arabia quashed all thought of cutting supply. The revival in risk appetites undermined the safe haven yen and kept the US dollar elevated across the board, while sovereign bonds were content to consolidate recent gains. Equity investors chose to focus on the benefits that falling fuel prices would have for consumer spending power."Overall, we see this as a shot in the arm for the global economy," Olivier Blanchard, chief economist at the IMF, and Rabah Arezki, head of the commodities research team, wrote in their blog on Monday.They estimated the boost to world growth would be between 0.3 and 0.7 percentage points above the Fund's baseline forecast of 3.8 percent, with the gain to China ranging from 0.4 to 0.7 percentage points. Trading was thin ...

Australia shares snap 4-day gains; energy stocks, gold miners weigh SYDNEY/WELLINGTON: Australian shares fell 0.6 percent on Tuesday as investors booked profits after a 4-day rally, and resources- and energy-related companies were hit by a slide in oil and metals prices.The S&P/ASX 200 index fell 34.06 points to 5,407.90 by 0115 GMT amid low volumes. The benchmark closed up 2 percent on Monday, helping erase this year's losses. "There's been a positive bias in the last four sessions but if energy stocks continue to slide ...
Australia shares jump 2pc in 4th straight session of gains SYDNEY: Australian shares rose for the fourth consecutive session on Monday in a holiday-shortened week, led energy and resources companies in a broad-based rally that reflected a rebound in oil prices and risk appetite. The S&P/ASX 200 index jumped 2 percent, or 103.35 points, to 5,442 at the close of trade. The benchmark advanced 2.5 percent on Friday, the biggest one-day gain since July 2013. New Zealand's benchmark NZX 50 index rose 0.25 percent or ...
Australia shares set for breather after last week's rally SYDNEY: Australian stocks could take a bit of a breather on Monday following a strong rebound late last week, with trading likely to be thin in a holiday-shortened week.Stock index futures edged up 0.3 percent to 5,329, a small discount to the underlying S&P/ASX 200 index The benchmark surged 2.5 percent on Friday, the biggest one-day gain since July 2013.Transfield shares will be in focus after Spanish infrastructure group Ferrovial raised its full takeover offer ...
Australia shares gain 1pc as positive Fed talk sparks relief SYDNEY: Australian shares rose 1 percent on Thursday as an upbeat economic assessment from the Federal Reserve triggered a relief-rally in global markets that had been unnerved by Russian financial turmoil and tumbling oil prices. The S&P/ASX 200 index added 0.95 percent or 48.94 points to 5210.80, its biggest one-day rally since Dec. 19, 2013, their biggest one-day gain since Dec. 2. New Zealand's benchmark NZX 50 index rose 0.4 percent or 21.89 points to ...
Australia shares seen higher after Fed, NZ stocks up SYDNEY: Australian shares are expected to open higher on Thursday, mirroring a rally on Wall Street after the Federal Reserve sounded more confident about the US economy at its policy meeting.The local share price index futures rallied 1.3 percent, a 67.1-point premium to the underlying S&P/ASX 200 index close on Wednesday. The benchmark made a rare gain, albeit tiny, in the last session following six sessions of losses.New Zealand's benchmark NZX 50 index edged up ...
Asia encouraged by Wall St bounce, upbeat Fed SYDNEY: Asian share markets rallied on Thursday after US stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus. The jitters of recent days also calmed a touch as Russia managed to stabilise its rouble, if only for now, and oil prices eked out a rare bounce. As risk aversion ebbed, US bond yields rose and the dollar regained some ...

 



 
Index Closing Chg%
Arrow DJIA 18,096.90 0.58
Arrow Nasdaq 4,967.14 0.26
Arrow S&P 2,098.53 0.44
Arrow FTSE 6,919.24 0.44
Arrow DAX 11,390.38 0.98
Arrow CAC-40 4,917.35 0.99
Arrow Nikkei 18,703.60 0.59
Arrow H.Seng 24,465.38 0.96
Arrow Sensex 29,380.73 0.72







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln