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Britain's FTSE resumes slide, hit by emerging-market exposure LONDON: Britain's top share index dropped on Wednesday to resume its recent slump after a bounce in the previous session, led down by stocks exposed to turbulent emerging markets.Financials and consumer staples, sectors which have high global exposure, combined to take more than 20 points off the FTSE 100. The index was down 46.56 points, or 0.7 percent, at 6,285.27 points at 0850 GMT.Russian assets were volatile again on Wednesday as the finance ministry battled to defend the rouble. The currency has crashed to record lows, hurt by sanctions and a slide in oil prices.Weakness in Russia has hit other emerging markets, with the South African rand and Asian shares slipping on Wednesday.Although few stocks on the FTSE 100 have substantial exposure to Russia, South African paper maker Mondi fell 3.9 percent, the biggest decline in the FTSE 100. Asia-focussed bank HSBC dropped 1 percent to take the most points ...

European shares fall as concerns over Russia persist PARIS: European shares fell in early trading on Wednesday, reversing part of the previous day's tentative bounce and hurt by another drop in oil prices as well as by Russia's brewing financial crisis.The Russian rouble remained volatile on Wednesday despite foreign currency sales by the finance ministry.The currency is still down almost 50 percent against the dollar this year. The slump has revived memories of the 1998 crisis when the currency collapsed and sparked a ...
Russia turmoil sparks flight to safety LONDON: Fears of a full-blown crisis in Russia and oil's continued slide pushed investors to seek safety on Wednesday, buying core bonds and selling stocks while the rouble failed to halt its prolonged tumble.With only days to go before the end of the trading year, investors were also looking ahead to the U.S. Federal Reserve's final statement of 2014, due at 1900 GMT. Analysts expect it to remove language pledging to wait a "considerable time" ...
European stock markets slide at open LONDON: European stock markets slid at the start of trading on Wednesday after sharp gains the day before.London's benchmark FTSE 100 index shed 1.33 percent to 6,247.91 points, Frankfurt's DAX 30 dropped 1.13 percent to 9,455.74 points and in Paris the CAC 40 retreated 1.0 percent to 4,052.23 compared with Tuesday's close.Copyright AFP (Agence France-Presse), 2014 ...
European shares fall, led by oil, Russia-exposed stocks LONDON: Shares in European companies exposed to Russia fell sharply to lead a broad decline on Tuesday, as the rouble plunged in value and concern grew about the state of the Russian economy.Shares in Raiffeisen Bank International, which relies on Russia for profits, hit a record low after Russia's aggressive hike in interest rates failed to convince investors the central bank had turned the tide on a developing financial crisis.Shares in other companies exposed to ...
Scramble for safety as rouble, oil sink LONDON: Oil's plunge below $60 and the failure of Russia's huge emergency rate hike to stabilise the rouble jolted global markets on Tuesday, adding to the growing sense of crisis in a volatile end to 2014.The rouble sank to more than 70 per dollar, down 10 percent on the day, despite Russia's central bank ramping up interest rates overnight to 17 percent from 11.5 percent. Moscow's dollar-based stock exchange dived 15 percent.In a morning of ...
Drop in UK inflation helps FTSE shrug off Russia turmoil LONDON: Britain's top equity index rebounded off two-month lows on Tuesday as a drop in UK inflation propped up the stock market in the face of market turmoil caused by Russia.The blue-chip FTSE 100 index endured a volatile session and was up by 0.3 percent at 6,198.32 points going into the close of trading.However, a slip in the shares of Russian-exposed oil major BP prevented the FTSE from making bigger gains, as Russia attempted to ...


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

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln