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European stocks bounce back as tech stocks rally PARIS: European stocks rose on Monday, bouncing back from last week's losses with tech shares rallying after merger talks in the sector spurred a late-session rally on Wall Street on Friday.Shares in European technology stocks such as Infineon , STMicroelectronics and ASML were all up between 2-3 percent on Monday.U.S. tech stocks had climbed on Friday after news of Intel's talks to buy fellow chipmaker Altera in a deal likely to top $10 billion. Intel shares jumped 6.4 percent while Altera shares surged 28.4 percent.Signs of merger and acquisition (M&A) activity also briefly pushed up the shares of Yoox, after sources close to the matter told Reuters that the Italian online fashion retailer could unveil a deal to buy Richemont's Net-a-Porter as early as this week.Corporate takeover activity, along with new economic stimulus measures from the European Central Bank which have helped to weaken the euro on currency markets, have ...

Emerging stocks cheer as China shares hit 7-year highs LONDON: Emerging market shares started the week by rising almost 1 percent on Monday, buoyed by Chinese stocks at 7-year highs, though currencies suffered at the hands of a recovering dollar and lower oil prices.MSCI's emerging equity index rose 0.8 percent, lifted by China stocks jumping almost 3 percent on hopes that more infrastructure spending and policy stimulus will re-energise a cooling economy and boost profits."China' stocks surged to yet another year-to-date high on the ...
European, Asian shares rise, helped by Chinese stimulus LONDON: Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China's economy, but the euro slipped on more concern about Greece's finances.In Europe, a rally in technology shares, tracking Friday's surge in the U.S. tech sector, helped equities bounce back from losses last week, although Athens' stock market was down on concern about whether the country will be able to reach agreement with its creditors.Germany's DAX index rose 1.5 percent, ...
Britain's FTSE recovers from steep weekly fall, lifted by ARM LONDON: Britain's top share index rose on Monday, recovering ground in a broad-based rally after a steep weekly drop, supported by a rise in chip-designer ARM after gains for the tech sector on Wall Street.ARM rose 2.4 percent, the top FTSE 100 riser, recovering after dropping 10 percent in two days last week.It gained following a rebound in semiconductor stocks in late U.S. trade on Friday after a report that Intel Corp is in talks ...
Rallying techs help European stocks bounce back PARIS: European stocks rose early on Monday, bouncing back from last week's losses with tech shares rallying after merger talks in the sector spurred a late-session rally on Wall Street on Friday.Shares in Infineon, STMicroelectronics, ARM and ASML were up 2.3 percent to 3.2 percent.U.S. tech stocks climbed on Friday after news that Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion. Intel shares jumped ...
UK's FTSE ends week with a whimper as commodity stocks fall LONDON: Britain's main equity index fell for a fourth day on Friday, pulled down by commodity stocks as iron ore prices plunged and as a stronger US dollar weighed on mining shares. Energy shares such as BP and Royal Dutch Shell dipped too with lower oil prices, although cruise ship company Carnival rose 7.2 percent after posting higher-than-expected profits.The blue-chip FTSE 100 index, which hit a record intraday high of 7,065.08 points on Tuesday, fell ...
European shares post 2015's biggest weekly fall despite Novo Nordisk surge LONDON: A top index of pan-European shares was set for its biggest weekly drop of the year on Friday, although it snapped a sharp two-day losing streak following a surge in Danish pharmaceuticals firm Novo Nordisk.By the close, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,576.86 points, but down 2.1 percent for the week -- the biggest weekly drop for the index since December. European stocks had tumbled in ...


Index Closing Chg%
Arrow DJIA 17,776.12 1.11
Arrow Nasdaq 4,900.89 0.94
Arrow S&P 2,067.89 0.88
Arrow FTSE 6,773.04 1.72
Arrow DAX 11,966.17 0.99
Arrow CAC-40 5,033.64 0.98
Arrow Nikkei 19,206.99 1.05
Arrow H.Seng 24,900.89 0.81
Arrow Sensex 27,957.49 0.07

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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 20, 2015
Reserves $16.132 bln