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European stocks enjoy 'Santa Claus rally' as oil rises LONDON: Europe's main stock markets rose strongly on Monday in a renewed "Santa Claus rally" powered by a modest recovery in oil prices, dealers said.In late morning deals in the British capital, London's FTSE 100 index of leading shares jumped 1.02 percent to 6,611.96 points compared with Friday's close.Frankfurt's DAX 30 won 0.67 percent to 9,852.58 points and in Paris the CAC 40 leapt 1.04 percent to 4,285.94.The euro edged up to $1.2260 after sliding as low as $1.2220 in earlier Asian deals, matching Friday's two-year trough that was struck as the Federal Reserve signalled it may rise US interest rates in the middle of 2015."As the markets begin to wind down for Christmas, the Santa rally was still being felt ... with a quiet economic day ahead," said Spreadex trader Connor Campbell."After spending the last six weeks as the Scrooge of the economic world, oil has undergone a slight ...

Bourses bounce and Russia rallies as oil climbs LONDON: Emerging market stocks jumped on Monday following a buoyant session in Asia, while Russia's dollar-denominated index surged as investors cheered a rebound in the oil price and a debt payment by Rosneft.The MSCI emerging stocks benchmark was trading up more than 1 percent at a 10-day high following a 1.25 percent gain for the Asia excluding Japan index.In Russia, the RTS index of dollar-denominated shares surged over 4 percent, as Brent crude started the ...
Monte Paschi shares fall on capital worries MILAN: Shares in Banca Monte dei Paschi di Siena fell more than 2 percent in early trade on Friday, underperfoming a flat Milan stock market, as capital-raising woes continued to weigh on the troubled Italian lender. "The stock is still digesting reports yesterday it can't get away the sale of its consumer credit unit," a Milan trader said.Monte Paschi needs to plug a hole in its capital base following the results of a euro zone ...
Britain's FTSE could score biggest weekly rise in two years LONDON: Britain's top equity index was on track for its biggest weekly gain in two years on Friday, led by recent laggards such as insurer Aviva and media group WPP, as analysts recommended snapping up battered shares after a recent selloff. Barclays, which had fallen 11.6 percent in just over a week, rose 1.4 percent after the judge overseeing New York state's lawsuit accusing it of fraud in its alternative trading system raised questions about ...
Rouble's bounce draws investors back to emerging assets LONDON: Emerging-market stocks were set for their first weekly gain of the month and currencies were steady to higher on Friday, helped by a stabilisation of Russia's beaten-up rouble and a four-year high for Chinese shares. Following gains of more than 2 percent on Wall Street, the MSCI Emerging stocks index rose 0.8 percent as European investors finally found enough confidence to chase buoyant Asian markets after another wild week of swings.Russia's battered rouble was ...
Britain's FTSE set for biggest weekly rise in two years LONDON: Britain's top equity index was on track for its biggest weekly gain in two years on Friday, led by recent laggards such as insurer Aviva and media group WPP , as analysts recommended snapping up battered shares after a recent selloff.Fund managers and traders cited a gradual wind-down in trading activity as investors cut risk before the holiday season. British supermarket chain Tesco, which has been trading at levels not seen since 2003, was ...
European shares hit by drop in Italian banks, taking shine off rally LONDON: European stocks edged lower on Friday, reversing an early rise, as Italian banks came under pressure from a downgrade by S&P and Swiss drugmaker Roche saw two major drugs fail tests. The FTSEurofirst 300 index of top European shares was down 0.1 percent tot 1,355.47 points at 1113 GMT, retreating after a 3 percent advance on Thursday. The index was still set for a 2.6 percent rise this week, its biggest weekly gain in ...

 



 
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