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Shares in Telecom Italia open lower after weak Q1 MILAN: Shares in Telecom Italia fell in opening trades after the Italian phone group posted lower first quarter results due to declining domestic sales and a weaker currency in Brazil.By 0714 GMT, the stock was down 1.3 percent at 0.913 euros, against a 0.9 percent decline in the European telecom index. Results were broadly in line with analyst expectations, while net debt was slightly above expectations. The company holds a conference call at 1000 GMT on Tuesday.Analysts at ICBPI said investors would focus on short term prospects for the Italian market and on the planned sale of its mobile communication towers in Italy and Brazil. Copyright Reuters, 2014 ...

Rally in housebuilding stocks pushes UK's FTSE higher LONDON: Britain's top share index briefly touched its highest level in more than 14 years on Tuesday, helped by a rally in housebuilding stocks, but then steadied. The FTSE 100 was up by 0.3 percent, or 23.50 points, at 6,875.25 points after hitting 6,877 points early on, taking it past last year's peak of 6,875.62 points. Traders were looking to see if the index could sustain a break-out above that level to put it within ...
Forint eases as CPI surprise fuels rate cut talk BUDAPEST: The forint eased and Hungarian bonds firmed on Tuesday as the country's annual inflation turned negative for the first time since 1968, fuelling expectations the central bank will cut interest rates.Central bank rhetoric in the European Union's eastern wing has turned more dovish in the past weeks. This week's inflation and economic output data will provide crucial information about the likely direction of monetary policy over the next year.Traders said appetite for yield and ...
European stock markets ahead at open LONDON: Europe's main stock markets nudged higher at the start of trading on Tuesday, with London's benchmark FTSE 100 index up 0.20 percent at 6,865.56 points.Frankfurt's DAX 30 edged up 0.05 percent to 9,751.05 and the Paris CAC 40 grew 0.24 percent to 4,504.22 points, compared with Monday's closing levels.Copyright AFP (Agence France-Presse), 2014 ...
London Stock Exchange in talks to buy Russell Investments LONDON: The London Stock Exchange Group is in talks with the parent company of Russell Investments about a possible acquisition of the asset management and stock index firm.Life insurance company Northwestern Mutual started exploring a sale of Russell, which has $259.7 billion in assets under management, in January after deciding it was not a core part of its business.Sources told Reuters last month that Canadian Imperial Bank of Commerce, the fifth-largest bank in Canada, was ...
European stocks diverge as markets track Ukraine LONDON: European stock markets rose on Monday as investor attention focused on the Ukraine-Russia crisis following disputed referendums at the weekend, analysts said.London's benchmark FTSE 100 index rose 0.20 percent to stand at 6,828.29 points in morning deals. Frankfurt's DAX 30 climbed 0.25 percent to 9,605.16 points and in Paris the CAC 40 eased 0.12 percent to 4,471.71 compared with Friday's closing values."Once again the weekend has brought with it heightened concerns over Ukraine, with ...
European shares advance, but Ukraine jitters limit gains LONDON: European stocks inched higher on Monday, with France's Alstom rallying after Germany said it would support a takeover by Siemens, but tensions in Ukraine are likely to limit the market's strength.The FTSEurofirst 300 was up 0.1 percent at 1,357.11 points by 0746 GMT after slipping 0.3 percent on Friday, leaving it just shy of a near-six-year high reached last week at 1,359.43.The euro zone's blue-chip Euro STOXX 50 index was flat, at 3,183.76 points.Alstom ...


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