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European shares hold at seven-year highs as QE nears LONDON: European shares held steady at seven-year highs on Friday as investor confidence stayed buoyant ahead of the European Central Bank's monthly 60-billion-euro money-printing programme set to start in March. The FTSEurofirst 300 index of top European shares has surged 14 percent this year, its strongest start to the year since regional stock market benchmarks were created in 1986."The market's had a good run and it's the end of the month so we're going to see it drift lower today as people book some profit," ETX Capital's head of trading, Joe Rundle, said. Investors have bought more higher-yielding assets, such as equities, as yields on core European government bonds have tumbled into or close to negative territory on the prospect of the ECB's quantitative easing programme. "The rally in stocks is so strong that we could see a capitulation of the shorts at some point, which would push the market ...

UK's FTSE hits new record high as StanChart rises LONDON: Britain's top equity index hit a record high on Friday, helped by gains in Asian-focused bank Standard Chartered and International Consolidated Airlines Group. The blue-chip FTSE 100 index was up by 0.2 percent at 6,962.51 points going into the close of the trading session - slightly above a previous all-time high of 6,958.89 points hit on Tuesday. The FTSE has benefited along with other world stock markets from economic stimulus measures unveiled by central ...
IAG, Lloyds help FTSE 100 cling on to record peak LONDON: Strong results from British Airways-owner International Airlines Group and Lloyds Banking Group helped Britain's top share index cling on to record highs on Friday.Shares in IAG surged 4.6 percent to the top of the FTSE 100 and set an all-time high after the group upgraded its 2015 profit forecast by more than 20 percent, helped by lower fuel costs and as it grows capacity.Lloyds rose 1.1 percent after reporting a better-than-expected rise in profit, ...
Greek stocks shed 4.5pc in midday trade ATHENS: Greece's main stock index fell 4.5 percent Friday amid uncertainty over the radical government's reform plans and its ability to meet its financing needs.The Athens stock exchange was down to 863 points as the government raced to find over 1.5 billion euros ($1.7 billion) to pay the International Monetary Fund next month.Greek Finance Minister Yanis Varoufakis said Friday in an Antenna TV interview that "at this moment the coffers are empty."The government hopes that ...
Europe shares pause after best start of year in decades PARIS: European shares dipped on Friday morning, pausing after their best start to the year since regional benchmarks began in late 1986, while Airbus rallied after posting a sharp rise in operating earnings.Shares in Airbus were up 6.1 percent, representing a gain in market value of 2.5 billion euros ($2.8 billion), roughly the price of six A380 super jumbos.Shares in International Airlines Group surged 4.4 percent after the owner of British Airways upgraded its 2015 ...
European shares at fresh 7-year high as ECB QE nears LONDON: European shares rose to fresh seven-year highs on Friday, extending a two-month rally fuelled by the European Central Bank's money printing programme which starts in the coming weeks.European shares bucked a softer trend in Asian and US markets as a sharp overnight pullback in crude oil prices dampened risk appetite there. Brent crude was up 1.24 percent on Friday.The FTS Euro first 300 index of top European shares was up 0.3 percent at 1,561.60 ...
European stocks steady at open LONDON: European stock markets were steady at the start of trading on Friday, with London's benchmark FTSE 100 index dipping 0.01 percent to 6,949.25 points.Frankfurt's DAX 30 edged up 0.09 percent to 11,337.11 points and the CAC 40 index in Paris inched down 0.10 percent to 4,905.77 compared with Thursday's close.Copyright AFP (Agence France-Presse), 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65







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