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European stocks steady at open LONDON: European stock markets were steady at the start of trading on Wednesday, with dealers in London pausing for breath after the index closed at a record high a day earlier.London's benchmark FTSE 100 index dipped 0.10 percent to 6,942.06 points compared with Tuesday's close.Frankfurt's DAX 30 edged up 0.02 percent to 11,208.27 points and the CAC 40 index in Paris inched down 0.03 percent to 4,885.00.Europe's main stock markets had risen on Tuesday, with London's FTSE index of 100 companies closing at its highest level ever, at 6,949.63 points, after eurozone finance ministers backed an extension of Greece's bailout.The index had been rising steadily for months, helped by central bank stimulus and improvements to the British and US economies that have offset weakness in China and strains in the eurozone.On Wall Street, the Dow and S&P 500 indices bolted to fresh record highs on Tuesday after Federal Reserve Chair ...

Odfjell Drilling suspends dividend, buyback after oil price crash OSLO: Norway's Odfjell Drilling suspended its dividend and share buyback programme on Wednesday and said it expected the offshore drilling market to remain weak over the next "couple of years" after oil prices halved.Odfjell Drilling also took a $73 million impairment charge on two drill-ships and said its quarterly earning before interest, taxes, depreciation and amortisation (EBITDA) fell to $21 million from $88 million, trailing expectations for $85.8 million in a Reuter’s poll."We are implementing ...
Insurer Brit posts rising pre-tax profits, special dividend LONDON: Final dividend declared of 12.5 pence per share plus a special dividend of 12.5 pence per share, bringing total dividend for year including interim dividend of 6.25pps to 31.25pps.Recommended cash offer of 305 pence per share for company from Fairfax Financial Holdings Limited. Return on adjusted net tangible assets before fx and ipo costs of 20.7% is driven by strong underwriting and investment performances.Announce today appointment of Matthew Wilson as Deputy Group CEO and ...
UK FTSE 100 parties like it's 1999 with new record LONDON: Britain's top equity index turned the clock back to the last millennium on Tuesday, breaching highs not seen since the dot com boom days of 1999, when newspapers warned of "Y2K bugs" and the euro had yet to acquire cash form.The three-decade-old blue-chip FTSE 100 index closed at 6,949.63 points, shortly after setting a fresh intraday record of 6,958.89 points that beat the previous high of 6,950.60 recorded on Dec. 30, 1999.Rather than stoke ...
European stocks rise, London hits record high LONDON: Europe's main stock markets rose Tuesday with London's benchmark index soaring to its highest level on record after eurozone finance ministers backed an extension of Greece's bailout.In Athens the ATHEX index of leading companies also surged, closing up 9.81 percent on eurozone ministers' approving Greece's list of reforms as "a valid starting point" that opens the way to a four-month extension of the country's financial lifeline.In London the FTSE 100 index reached its highest ...
Gold dips below $1,200 on relief over Greece; Fed eyed LONDON: Gold slid below $1,200 an ounce on Tuesday as relief that Greece had submitted reform plans to its international partners boosted appetite for assets viewed as higher-risk, such as stocks.Dollar strength ahead of Federal Reserve Chair Janet Yellen's Senate testimony added pressure to gold. Investors are awaiting her comments for clues on the timing of the first U.S. interest rate hike in nearly a decade, slated for this year.Spot gold was down 0.2 percent ...
UK's FTSE steady as Billiton offsets fall in Vodafone LONDON: Britain's top equity index was steady in sight of record highs on Tuesday, as a rise in the shares of miner BHP Billiton offset a fall in mobile operator Vodafone.The blue-chip FTSE 100 index was flat at 6,913.19 points in early session trading - below its record high of 6,950.60 points set in late December 1999.Vodafone was the worst-performing FTSE 100 stock in percentage terms, falling 2.2 percent which traders attributed to a decision ...


Index Closing Chg%
Arrow DJIA 18,214.42 0.06
Arrow Nasdaq 4,987.89 0.42
Arrow S&P 2,110.74 0.15
Arrow FTSE 6,949.73 0.21
Arrow DAX 11,327.19 1.04
Arrow CAC-40 4,910.62 0.58
Arrow Nikkei 18,785.79 1.08
Arrow H.Seng 24,902.06 0.50
Arrow Sensex 28,746.65 0.90

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln