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FTSE hits two-month low as commodities shares drop LONDON: Britain's top share index fell to a two-month low on Tuesday, extending the previous day's losses, as a decline in oil and metals prices after disappointing Chinese data hit commodities shares.Brent crude oil fell below $60 for the first time since July 2009 and copper prices reached a one-week low following a Chinese report that factory activity shrank in December for the first time in seven months.The flash HSBC/Markit manufacturing purchasing managers' index fell to 49.5 in December, below the 50.0 forecast by analysts and below November's final reading of 50.0.The UK mining index fell 1.4 percent to its lowest in more than five years after slumping 2.9 percent on Monday. The oil and gas index dropped 0.8 percent to a 4 1/2-year low after slipping 2.5 percent in the previous session."Volatility is likely to continue in the short term as the full effects of a lower oil price ...

Oil sinks, Russian moves fail to quell nerves LONDON: A plunge in oil below $60 and the failure of an emergency interest rate rise to stabilise Russia's rouble sent another shock through global financial markets on Tuesday, adding to a growing sense of crisis in a volatile end to 2014.Moscow's main stock exchanges fell by 5 and 9 percent respectively and those in Europe's big developed markets fell as much as half a percent in response.Stock markets in Asia ended lower and the ...
Russia rout hits European shares PARIS: European shares fell on Tuesday, extending their recent sharp slide, as a hefty Russian interest rate hike hit stocks with exposure to the country and the relentless drop in oil prices knocked energy shares.Shares in Austrian lender Raiffeisen Bank International , which relies heavily on Russia for profits, slid 5.3 percent to a record low, after Russia's central bank raised its key interest rate to 17 percent from 10.5 percent in an emergency move ...
Drop in UK inflation lifts Britain's FTSE 100 LONDON: British shares turned higher on Tuesday, buoyed by a drop in inflation to a 12-year low that further eased a squeeze on consumers and raised prospects of interest rates staying lower for longer.The blue-chip FTSE 100 index, which had fallen to two-month lows at the start of the trading session, rose following the November inflation data and traded 0.6 percent higher at 6,219.41 points going into the middle of the session."The inflation data was ...
European stock markets fall in early deals LONDON: European stock markets sank in early deals on Tuesday as investors eyed slumping oil prices and shrinking Chinese manufacturing activity, dealers said.London's FTSE 100 index lost 0.52 percent to 6,151.40 points, the CAC 40 in Paris shed 1.22 percent to 3,956.56 and Frankfurt's DAX 30 lost 1.18 percent to 9,223.77 points compared with Monday's close.Copyright AFP (Agence France-Presse), 2014 ...
Britain's FTSE slips as commodity stocks surrender gains LONDON: Britain's top equity index fell in afternoon trading on Monday, surrendering early gains, as energy shares turned negative and miners slipped on persistent concerns about global demand for commodities such as copper and iron ore.The UK mining index fell 2.3 percent to a 5-1/2-year low, while the oil and gas index slipped 1.5 percent to its lowest level in more than four years as prices of copper, iron ore and crude oil gave up ...
European shares sink as oil slump fuels deflation fears PARIS: European shares tumbled again on Monday, resuming last week's sharp sell-off as the relentless drop in oil prices hurt energy shares and fuelled fears of deflation in the euro zone.The FTSEurofirst 300 index of top European shares provisionally ended 2.3 percent lower at 1,291.66 points, after sinking 5.9 percent last week."The drop in oil would normally be good news for the European economy, but in this case, it's actually bad news because it seriously ...

 



 
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


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln