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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 taken well because it means interest rates may be on hold for longer now," said Securequity sales trader Jawaid Afsar.Afsar said he would look to buy up stocks at current levels, given the sharp pullback on the FTSE over the last month.His preferred stocks included energy group BG, British American Tobacco and healthcare group GlaxoSmithKline - viewed as defensive plays at times of market uncertainty due to their chunky dividend payouts.OIL PRICE FALLS FURTHERBank stocks ...

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 ...
Russian assets plunge to new lows, testing central bank MOSCOW: The rouble and Russian assets plunged to new lows on Monday amid concern about possible new U.S. sanctions over Ukraine, weak oil prices and one-sided bets that the currency would extend its slide.Traders said the slump in the rouble, down around 45 percent against the dollar this year, forced the central bank to intervene in the market on Monday to curb its decline. Intervention has become a near-daily routine since the start of the ...
European shares halt sell-off; CGG sinks 33pc PARIS: European stocks inched up on Monday after their biggest weekly sell-off since 2011, while worries about global growth weighed on resource-related shares such as Rio Tinto and BHP Billiton.Shares in seismic oil and gas services group CGG sank 33 percent as rival Technip abandoned a takeover bid after talks with CGG collapsed.At 1236 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,324.26 points, after tumbling 5.9 percent last ...
Britain's FTSE rebounds as oil shares bounce off lows LONDON: Britain's top share index rose on Monday, rebounding after its biggest weekly fall in over three years, as energy stocks bounced from multi-year lows to track the oil price higher.Oil-related stocks gained after Brent crude rebounded from fresh 5-1/2 lows hit earlier on Monday. They added 21 points to the FTSE 100, accounting for most of the index's rise.The FTSE was up 39.81 points, or 0.6 percent, at 6,340.44 by 0908 GMT, after falling ...

 



 
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