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European stocks slide on spreading Iraq unrest LONDON: European stock markets closed in the red on Friday, with airlines hit hard by higher oil prices caused by spreading unrest in Iraq.London's FTSE 100 index of top companies sank 0.95 percent to close at 6,777.85 points, weighed down also after Bank of England governor Mark Carney hinted at a rate hike sooner than expected.Frankfurt's DAX 30 ended the week down 0.26 percent to 9,912.87 points, and the CAC 40 in Paris slipped 0.24 percent to 4,543.28 points.Brent oil soared to a nine-month high at $114.69 a barrel, as investors fretted over spreading unrest in crude producer Iraq, traders said.And gold hit a two-and-a-half week peak at $1,277.65 per ounce, as investors sought a safe-haven investment."Global markets have been hit particularly hard today, dropping heavily due to a combination of the concerns in Iraq and an unexpected announcement by Mark Carney last night which could see interest rates rise ...

Italy stock market watchdog to monitor Carige's shares during rights issue MILAN: Italian stock market watchdog Consob said on Friday it would monitor fluctuations in the share price of mid-sized bank Carige during its upcoming share sale, which was priced at a big discount.Carige's rights issue is highly dilutive, and traders have said they could not rule out a repeat of the market disruption that has been affecting shares in Banca Monte dei Paschi di Siena at the start of its own cash call this week. ...
Polish zloty dips before inflation data BUCHAREST: The Polish zloty led losses on Friday in emerging central Europe as investors awaited Polish consumer price inflation data for May due at 1200 GMT which could surprise on the downside and increase expectations of an interest rate cut.Polish inflation eased to 0.3 percent on the year in April, defying analysts' forecasts for a pickup and dipping more deeply below the central bank's 2.5 percent target. Analysts polled by Reuters see Polish CPI picking ...
Turkish assets fall on Iraq violence, rand weakens LONDON: Turkish markets fell on Friday on the escalating violence in neighbouring Iraq, while the rand weakened following an outlook downgrade for South Africa.Militants gained more ground in Iraq overnight, moving into two towns in the eastern province of Diyala, while US President Barack Obama considered military strikes to halt their advance towards the capital Baghdad. Turkey, which has been suffering from a large current account deficit, switched some of its export focus to Middle ...
British rate hike hint boosts sterling, Iraq unrest drives up oil LONDON: Sterling surged on Friday after the Bank of England hinted at an interest rate rise this year, while escalating violence in Iraq drove oil higher and sent equity markets lower.US stock index futures pointed to a lower start for Wall Street, putting the Dow and S&P 500 on track for their first weekly declines in four despite touching record highs earlier in the week.European shares' prospects of a ninth straight weekly rise looked to ...
European stocks open down LONDON: Leading European stock markets opened down on Friday, with the FTSE-100 index in London falling 0.29 percent to 6,822.98 points at the beginning of trading.In Frankfurt, the DAX 30 index gave up 0.18 percent to 9,920.49 points and in Paris the CAC-40 index shed 0.11 percent to 4,549.45 points.Copyright AFP (Agence France-Presse), 2014 ...
European shares flat, consolidation hopes boost Iliad LONDON: European equities steadied near recent multi-year highs on Thursday as a rally in some telecom stocks on merger hopes in the sector was offset by a sharp decline in mining shares driven by global growth concerns.The FTSEurofirst 300 index of top European shares was up flat at 1,391.76 points by 1345 GMT, hovering just below this week's 6-1/2-year high.However, Iliad rose 6.3 percent, the top gainer on the FTSEurofirst index, and Bouygues advanced 5.3 ...


Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln