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Dollar, US data lift emerging stocks to 1-month high LONDON: Emerging market shares hit a one-month high on Thursday thanks to disappointing U.S. data stemming investment flows lured away by dollar assets.MSCI's emerging equity index rose 0.9 percent, with Russia and Hungary clocking some of the biggest gains after Wednesday's data on U.S. jobs and the pace of manufacturing growth came in short of expectations, weighing on the dollar .Russian dollar-denominated stocks rose 1.6 percent and their rouble peers added 0.3 percent. The rouble gained more than 1 percent against the dollar, riding the tailwind of a 5 percent jump in oil prices on Wednesday even though crude traded a touch lower early on Thursday."For quite a long time, the market was driven by the risk of a (Federal Reserve interest rate) hike, the situation in Russia and Ukraine, the ECB and the oil price move," said Regis Chatellier, EM credit strategist at Societe Generale."But now all these things ...

Doubts over US growth cool dollar rally LONDON: The US dollar lost ground on Thursday, the last trading day of the week for many markets ahead of Easter, after disappointing economic data on Wednesday raised doubts over the growth outlook ahead of key jobs data due Friday.Although non-farm payrolls are expected to show an increase of 245,000 jobs in March, according to economists polled by Reuters, Wednesday's data hit U.S. equities and reinforced concerns that the dollar's recent rally has weighed on ...
European shares rangebound ahead of Easter break PARIS: European shares dipped on Thursday morning, trading in a tight range ahead of the Easter break, with Greece still at the forefront of investors' minds after the country sent an updated list of reforms to lenders.Greece sent a new list of measures to its creditors on Wednesday to try to unlock financial aid and avoid a default. But euro zone officials said more work was needed before they could release more money.On Wednesday Greece ...
Marks & Spencer helps Britain's FTSE to edge higher LONDON: Britain's top share index edged higher in morning trading on Thursday, with British retailer Marks & Spencer leading the market higher after posting its best non-food sales performance for nearly four years.The blue-chip FTSE 100 index was up 0.2 percent at 6,824.36 points by 0743 GMT, having gained 0.5 percent in the previous session. The index traded about 4 percent below its record high set in late March. Daily trading volume was expected to ...
European shares dip early; Marks & Spencer rallies PARIS: European shares dipped on Thursday morning, trading in a tight range ahead of the Easter break, with Greece still at the forefront of investors' minds after the country sent an updated list of reforms to lenders.Greece sent a new list of reforms to creditors on Wednesday to try to unlock financial aid and avoid a default but euro zone officials said more work was needed before new funds could be released.At 0703 GMT, the ...
European stocks stable in opening deals LONDON: Europe's main stock markets held steady at the start of trading on Thursday ahead of the long Easter holiday weekend.London's FTSE 100 index added 0.05 percent to 6,814.80 points and the CAC 40 in Paris won 0.12 percent to 5,068.06, while Frankfurt's DAX 30 slid 0.08 percent to 11,991.62 points compared with Wednesday's close.The region's markets had charged upwards Wednesday in a positive start to the second quarter on the back of upbeat manufacturing ...
European shares start quarter with gains after PMI boost LONDON: European shares began the quarter with gains on Wednesday, after data showed manufacturing activity across the euro zone accelerated faster than previously estimated last month. Markit's final March manufacturing Purchasing Managers' Index (PMI) reached a 10-month high of 52.2, beating a preliminary reading of 51.9 to provide another sign the bloc's economy is recovering. The bullish PMI readings helped Spain's IBEX rise 0.6 percent and Italy's FTSE MIB gain 1 percent. Each touched its ...

 



 
Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln