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Greek stocks soar, European stocks mark time LONDON: Greek stocks surged Tuesday after Athens delivered to Brussels a list of proposed reforms that won it an extension of its financial lifeline, but Europe's main markets failed to gain traction. Investors were watching for cues from US Federal Reserve Chair Janet Yellen when she appears Tuesday and Wednesday for twice-yearly Capitol Hill hearings to provide the central bank's assessment of the US economy and when it will be ready to raise interest rates from near zero.Greece's benchmark ATHEX index of leading companies rallied 8.85 percent to 929.73 points in afternoon deals after eurozone finance ministers backed a four-month extension to the country's bailout.But Frankfurt's DAX 30 dipped 0.02 percent to 11,128.43 points and the CAC 40 in Paris slipped 0.19 percent compared with Monday's close to 4,852.98.London's FTSE 100 added 0.27 percent to 6,931.00 points.In foreign exchange activity, the euro dropped to $1.1320 from $1.1337 late in New ...

London stocks index reaches record high level LONDON: London's benchmark FTSE 100 index hit its highest level on record Tuesday, beating its previous peak reached in December 1999.The FTSE 100 hit a record 6,954.73 points nearing the end of the day's trade and after the eurozone had backed a four-month extension to Greece's financial lifeline.The index has been rising steadily for months as improvements to the British and US economies offset weakness in China and eurozone strains.Indices on Wall Street have already ...
Kinepolis raises dividend after visitor increase BRUSSELS: Belgian cinema operator Kinepolis raised its shareholder payout after posting an 8 percent rise in visitors for 2014.The group would pay a dividend of 0.69 euros per share and an additional super dividend of 0.20 euros, it said on Tuesday.Kinepolis, which operates cinemas in Belgium, France, Spain, Switzerland and the Netherlands, said its core profit grew 5 percent in 2014 to 71.3 million euros ($80.8 million) as increasing box-office takings were partially offset by ...
Fall in HSBC pegs back UK's FTSE LONDON: A drop in the shares of banking group HSBC held back Britain's top equity index on Monday, although many traders still expected the UK stock market to reach record highs soon.The blue-chip FTSE 100 index closed down by 3.04 points, flat in percentage terms, at 6,912.16 points.The FTSE had risen 0.4 percent to a 15-year high of 6,943.61, just shy of its record intraday high of 6,950.60 set in December 1999. But those gains ...
European shares close at new seven-year high after Greek deal LONDON: European shares closed at a new seven-year high on Monday, boosted by a deal late on Friday to extend Greece's financial rescue package.Britain's FTSE 100 index was the only major index to close lower, albeit only slightly, after HSBC reported a 17 percent drop in annual profit. The bank's shares fell 4.6 percent and weighed on peer Standard Chartered.Investors in continental Europe were encouraged after Greece sealed a deal with euro zone partners to ...
Prospect of Greek deal boosts most European stocks LONDON: Most of Europe's main stock markets climbed Monday after eurozone ministers tentatively agreed to extend Greece's bailout by four months, but London slid on disappointing results from HSBC bank.Frankfurt's DAX 30 index finished the day up 0.73 percent to 11,130.92 points, and in Paris the CAC 40 climbed 0.65 percent to 4,862.30 points, while trading in Athens was shut for a holiday.Milan added 0.56 percent and Madrid jumped 1.02 percent.On the downside, London's benchmark ...
European shares set 7-year high after Greek rescue deal LONDON: European equities set a seven-year highs on Monday, boosted by a late Friday deal to extend Greece's financial rescue package, although sentiment was dampened by a disappointing German morale survey. Britain's FTSE 100 index was the only major index to trade in negative territory after HSBC reported a 17 percent drop in annual profit. The bank's shares 5.5 percent lower and weighed on peer Standard Charted. Athens sealed a deal with euro zone partners ...


Index Closing Chg%
Arrow DJIA 18,203.37 0.47
Arrow Nasdaq 4,979.90 0.56
Arrow S&P 2,107.78 0.45
Arrow FTSE 6,889.13 0.74
Arrow DAX 11,280.36 1.14
Arrow CAC-40 4,869.25 0.98
Arrow Nikkei 18,815.16 0.06
Arrow H.Seng 24,702.78 0.74
Arrow Sensex 29,593.73 0.46

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