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Johnson Matthey leads FTSE lower as update falls short LONDON: Britain's top equity index fell form a four-month high on Wednesday, with specialty chemicals firm Johnson Matthey leading the market lower after its trading update fell short of some expectations.Energy stocks fell again, with the UK Oil and Gas index down 0.9 percent, after oil prices slipped to $49 a barrel on a stronger dollar and on an industry report showing a larger-than-expected rise in U.S. crude inventories.Johnson Matthey, the world's largest maker of autocatalysts, fell 5.2 percent to 3,317 pence, the top decliner in the FTSE 100 index, after its one percent gain in third-quarter earnings failed to cheer investors."If anything the result and guidance is a little disappointing because strong U.S. truck order data and a sequential improvement in FX effects had prompted some near term optimism going into the results," Liberum said in a note.JP Morgan cut its price target for the stock to 3,800 pence ...

Greek banks extend slide to peg back European shares LONDON/PARIS: European shares dipped on Wednesday, with Greek stocks extending the sell-off sparked by anti-bailout party Syriza's victory in Sunday's election.The Greek banking index was down over 20 percent on Wednesday, hitting a record low. It has plummeted 98.6 percent since late 2009, before Europe's sovereign debt crisis started.Traders said local investors feared the new government's anti-austerity stance would make negotiations with the euro zone on a new aid deal difficult and jeopardise liquidity.The combined ...
ARM and Experian rise as UK's FTSE drifts back to 4-month highs LONDON: Britain's top equity index drifted back up towards four-month highs on Wednesday, with technology group ARM boosted by Apple's record profits and data company Experian up on a dividends pledge.The blue-chip FTSE 100 index was up by 0.2 percent at 6,827.11 points in early session trading, recovering slightly from a 0.6 percent decline on Tuesday.ARM, which rose 1.9 percent to 1,051 pence, gave one of the biggest lifts to the FTSE.ARM, whose chip designs ...
Europe stocks dip; Greek shares extend retreat PARIS: European shares dipped in early trading on Wednesday, with Greek stocks extending their sell-off sparked by the victory of leftwing Syriza party in Sunday's election.Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority, fell by 6.6 and 8.3 percent respectively after the new government said it would freeze privatisation plans.One of the first decisions announced by the Syriza government was stopping the planned sale of a 67-percent stake in Piraeus Port ...
Shares, dollar retreat before Fed's statement LONDON: Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later in the day.European shares gave back early gains, after stumbling for the first time in nine sessions on Tuesday, and after record profits for Apple and a surprise rate cut in Singapore had bolstered Asian markets.The dollar was starting to slide against the euro, the yen and other currencies, anticipating a statement ...
Greek shares hit by privatisation freeze LONDON: Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority , fell by over 7 percent on Wednesday after the new government said it would freeze privatisation plans.Shares of Piraeus Port Authority were down 8.9 percent, at 9.83 euros, at 0902 GMT. PCC was down 7.4 percent.One of the first decisions announced by the Syriza government was stopping the planned sale of a 67-percent stake in Piraeus Port Authority. Energy Minister Panagiotis ...
European stocks rebound at open LONDON: European stock markets rebounded at the start of trading on Wednesday, with the technology sector lifted by Apple's record earnings posted overnight.London's benchmark FTSE 100 index of top companies jumped 0.71 percent to 6,860.19 points, Frankfurt's DAX 30 rallied 0.85 percent to 10,719.40 points and the CAC 40 in Paris won 0.78 percent to 4,660.45 compared with Tuesday's close.Markets had closed lower on Tuesday, weighed down by anxiety over Greece's new anti-austerity leadership and ...


Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln