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European tech stocks tumble as investors question growth outlook LONDON: European technology stocks, especially semiconductor names, fell sharply for the second day in a row on Thursday, part of a global sell-off as a host of brokers and investors questioned growth prospects and valuations.The STOXX Europe 600 Technology Index was down 2.4 percent at 1315 GMT, tracking a similar decline in the United States concentrated among semiconductor companies overnight.The jitters come a few weeks before quarterly earnings results begin for many of the biggest tech firms. The consensus 2015 earnings estimate for the index has fallen to 15.5 percent from 21.7 percent in January, Datastream data shows.Nearly $3 billion was wiped off the market capitalization of ARM and ASML, which design computer and smartphone chips and make chip production equipment, respectively. The two companies' shares have lost around 10 percent of their value in the last two sessions.Traders said one reason for the pull-back was a note by U.S. ...

European stocks slide as investors wait on Greece LONDON: European stock markets fell Thursday on concerns over Greek finances and following losses in Asia and on Wall Street in the wake of poorly-received US economic data, traders said.London's benchmark FTSE 100 index slumped 1.37 percent to 6,894.88 points around midday in the capital, as traders brushed aside news of a rebound in British retail sales.Frankfurt's DAX 30 index shed 1.76 percent to 11,656.15 points and the CAC 40 in Paris lost 1.59 percent ...
Travel stocks knock Britain's FTSE after oil surge, LSE slumps LONDON: Britain's top share index fell on Thursday, hit by firms exposed to a higher oil price after air strikes in Yemen sent Brent surging, and a sharp slump in London Stock Exchange group.Britain's FTSE 100 was down by 38.77 points, or 0.5 percent, at 6,952.20 by 0856 GMT, bring the drop since a record high hit on Tuesday to 1.6 percent.Airlines saw substantial selling as Brent crude oil shot up nearly 6 percent after ...
European shares fall sharply, LSE and tech stocks weigh LONDON: European shares fell on Thursday, with London Stock Exchange leading the market lower on news Borse Dubai will sell its full stake in the company and ARM Holdings extending the previous session's steep losses.London Stock Exchange shares fell 10 percent after a source familiar with the situation told Reuters that Borse Dubai , the LSE's biggest investor, was selling its stake in the British exchange, which will raise around 1.5 billion pounds ($2.23 billion)."The ...
European stocks slide at open LONDON: Europe's main stock markets slid at the start of trading on Thursday following losses in Asia and on Wall Street in the wake of poorly-received US economic data.London's benchmark FTSE 100 index dropped 0.53 percent to 6,953.98 points.Frankfurt's DAX 30 index shed 1.09 percent to 11,736.34 points and the CAC 40 in Paris lost 0.57 percent to stand at 4,992.55 compared with Wednesday's close.Investors ran for the sidelines, first in New York on Wednesday, ...
European stocks end the day down PARIS: Europe's main stock markets closed in the red on Wednesday, with London's benchmark FTSE 100 index ending the day down 0.41 percent at 6,990.97 points.Frankfurt's DAX 30 index fell 1.17 percent to 11,865.32 points, while the CAC 40 in Paris dropped 1.32 percent to 5,020.99 points.\Copyright AFP (Agence France-Presse), 2015 ...
FTSE edges away from record high, led down by Barclays LONDON: Britain's leading share index gave up early gains on Wednesday and edged lower, led down by Barclays after a broker downgraded the stock.The blue-chip FTSE 100 index was down 9.09 points, or 0.1 percent, at 7,010.59 points by 1512 GMT, having hit a record intra-day high of 7,065.08 on Tuesday.The index has gained nearly 7 percent so far this year and is up about 15 percent since the middle of December, helped by a ...


Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88

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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