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European stocks steady ahead of US Fed decision LONDON: European stock markets steadied Wednesday after sharp gains the day before, while oil prices held close to recent lows as investors awaited the outcome of the US Federal Reserve meeting.Russia meanwhile sought to ease concerns over the deep plummet in the value of the ruble, announcing measures to support the financial system as Moscow scrambled to head off a run on the currency.Global markets have been in turmoil this week owing to concerns about the effect of plunging oil prices on energy firms as well as the crude-dependent Russian economy, which is also straining under Western sanctions.Eyes were on the outcome of the Fed's two-day meeting, with dealers looking for some guidance over monetary policy amid growing speculation that the central bank will raise interest rates by the middle of 2015."Decision day for the Federal Reserve and the big question is whether they will refine their forward guidance and ...

Russian turmoil knocks back European equities LONDON: European shares fell on Wednesday, reversing part of Tuesday's recovery, as a new drop in oil prices and financial turmoil in Russia hit the region's main stock markets.However, the hard-hit Greek market bounced up ahead of a tight parliamentary vote that will trigger elections unless the Greek Prime Minister can win backing from independents and smaller parties that have so far rejected helping his coalition.This week's slump in the Russian rouble has revived memories ...
FTSE resumes sell-off on oil slide and emerging-market woes LONDON: Britain's top share index resumed its slump on Wednesday after recovering the day before, with energy stocks and companies exposed to turbulent emerging markets bearing the brunt of the sell-off.The blue-chip FTSE 100 index fell 0.9 percent to 6,274.34 points at 1431 GMT after surging 2.4 percent in the previous session, but is down more than 6 percent so far this month because of growth concerns and a sharp drop in oil prices.A Reuters ...
European stock markets slide LONDON: European stock markets slid Wednesday after sharp gains the day before, while oil prices drifted to new lows, as investors awaited the outcome of the US Federal Reserve meeting.Oil prices extended their losses to fresh five-and-a-half-year lows, while the Russian ruble rebounded a bit after its recent plunge against the dollar.Global markets have been in turmoil this week owing to concerns about the effect of plunging oil prices on energy firms as well as ...
Britain's FTSE resumes slide, hit by emerging-market exposure LONDON: Britain's top share index dropped on Wednesday to resume its recent slump after a bounce in the previous session, led down by stocks exposed to turbulent emerging markets.Financials and consumer staples, sectors which have high global exposure, combined to take more than 20 points off the FTSE 100. The index was down 46.56 points, or 0.7 percent, at 6,285.27 points at 0850 GMT.Russian assets were volatile again on Wednesday as the finance ministry battled ...
European shares fall as concerns over Russia persist PARIS: European shares fell in early trading on Wednesday, reversing part of the previous day's tentative bounce and hurt by another drop in oil prices as well as by Russia's brewing financial crisis.The Russian rouble remained volatile on Wednesday despite foreign currency sales by the finance ministry.The currency is still down almost 50 percent against the dollar this year. The slump has revived memories of the 1998 crisis when the currency collapsed and sparked a ...
Russia turmoil sparks flight to safety LONDON: Fears of a full-blown crisis in Russia and oil's continued slide pushed investors to seek safety on Wednesday, buying core bonds and selling stocks while the rouble failed to halt its prolonged tumble.With only days to go before the end of the trading year, investors were also looking ahead to the U.S. Federal Reserve's final statement of 2014, due at 1900 GMT. Analysts expect it to remove language pledging to wait a "considerable time" ...

 



 
Index Closing Chg%
Arrow DJIA 17,356.87 1.69
Arrow Nasdaq 4,644.31 2.12
Arrow S&P 2,012.89 2.04
Arrow FTSE 6,336.48 0.07
Arrow DAX 9,544.43 0.20
Arrow CAC-40 4,111.91 0.46
Arrow Nikkei 16,819.73 0.38
Arrow H.Seng 22,585.84 0.37
Arrow Sensex 26,710.13 0.27






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 15, 2014
Reserves $13.922 bln