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European shares steady after halt to oil-price slide LONDON: European shares held steady on Monday after posting their biggest weekly loss since mid-2011 in the previous session, with a halt to oil's sell-off lifting energy stocks. The STOXX Europe 600 oil and gas index rose 1.4 percent as Brent prices rebounded from a 5-1/2 year low on hopes of improving manufacturing data.The energy sector index had fallen 3.6 percent on Friday. French oil services group Technip was the top performer in Europe, rising 6.1 percent after it ruled out making an offer for seismic surveys specialist CGG. The pan-European FTSEurofirst 300 index was up 0.1 percent at 1,323.19 points at 0814 GMT. Copyright Reuters, 2014 ...

European stocks close down sharply LONDON: Europe's main stock markets closed down sharply Friday on further falls in oil prices, with London's benchmark FTSE 100 index slumping 2.49 percent to end the day at 6,300.63 points.The Paris CAC 40 sank 2.77 percent to 4,108.93 points, while in Frankfurt the DAX 30 dropped 2.72 percent to 9,594.73, and Milan lost 3.13 percent to 18,601.Copyright AFP (Agence France-Presse), 2014 ...
Greek stocks steady after three-day slide ATHENS: Greek stocks steadied on Friday after a three-day slide brought about by fears of political instability due to a looming presidential election.The Athens stock exchange practically levelled out in early afternoon trade at 0.15 percent and 829 points.Between Tuesday and Thursday, the index had lost around 20 percent of its value over concerns that parliament might be unable to elect a new president, forcing early general elections.The index lost 7.35 percent on Thursday and ...
Oil slide hits European stocks, safe-haven assets sought LONDON: A relentless slide in crude prices put energy stocks and currencies exposed to oil exports under pressure on Friday, dampening appetite for riskier assets and underpinning flows into the safety of core government bonds. Brent crude dropped to a 5-1/2-year low of $63 a barrel and was set for a weekly loss of more than 8 percent. Falling oil prices have sparked weakness in US high yield markets and pushed up volatility across asset ...
Drax shares fall on UK change to biomass subsidies LONDON: Shares in British power producer Drax fell to their lowest in more than two years, wiping as much as 300 million pounds ($471 million) off its market value, after the government announced changes to a subsidy scheme for biomass plants. Changes to the subsidy system were needed because more biomass generation was being developed than expected and to safeguard funds for other types of low-carbon power generation, the Department for Energy and Climate Change ...
FTSE heads for worst weekly drop in two years, led by commodity stocks LONDON: Britain's FTSE share index slipped to a six-week low and headed for its biggest weekly loss in more than two years on Friday, as crude oil prices fell further and disappointing Chinese economic data hit commodity stocks. The UK mining index, down 1.6 percent, fell for a seventh straight session after data showed factory output in China, the world's biggest metals consumer, slowed last month.The oil and gas index fell 2.1 percent, tracking Brent ...
Europe shares set for biggest weekly loss in 2-1/2 years PARIS: European stocks tumbled again on Friday, leaving them on course for their biggest weekly loss since May 2012 as shares in oil and oil services firms sank further along with crude oil prices.The STOXX oil and gas index has plummeted 29 percent since June. The sell-off has wiped roughly $300 billion off market capitalisation of the sector, nearly the size of Denmark's annual GDP.Saipem dropped 4.2 percent on Friday, hitting a 10-year low, while ...


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

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