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Stocks rise as Fed prospect pleases LONDON: Emerging equities were at their highest levels for more than two weeks on Monday as a rally based on diminishing prospects of a mid-year U.S. rate rise kept going.The MSCI emerging stocks index rose 0.2 percent while the Asia Pacific excluding Japan benchmark gained 0.3 percent.Speculation mounted that a rising dollar, that had lured money out of other assets, may have run its course."Markets are choppy right now, there is no clear trend, a lot of it is technical," Societe Generale head of emerging markets strategy, Benoit Anne, said."What happens to the dollar is key - if this is the beginning of a huge dollar correction, that is a different story, but it is way to early to make that call."Adding to bullishness in Asia was a near 2 percent gain in Shanghai, fuelled by hopes for more policy stimulus to prop up the ailing local property sector.With Brent ...

Greek nerves push European shares off 7-1/2-year high PARIS: European shares slipped from multi-year highs on Monday, as a new bout of worries concerning Greece led investors to book profits on the market's solid start to 2015.Shares in Pirelli outperformed, rising 2.5 percent after China National Chemical Corp agreed to buy the Italian tyre maker in a 7.1 billion euro ($7.66 billion) deal.The acquisition, agreed with Pirelli shareholders on Sunday, will see state-owned ChemChina take over the world's fifth-largest tyre maker and one ...
European shares pause; Pirelli rises after deal PARIS: European shares slipped on Monday, taking a breather following recent sharp gains, while shares in Pirelli rose 2.1 percent after China National Chemical Corp agreed to buy the tyre maker in a 7.1 billion euro deal.The acquisition, agreed with Pirelli shareholders on Sunday, will see state-owned ChemChina take over the world's fifth-largest tyre maker and one of the symbols of Italy's manufacturing industry.At 0805 GMT, the FTSEurofirst 300 index of top European shares was ...
European stocks rise in opening deals LONDON: Europe's main stock markets advanced at the start of trade on Friday, with London's benchmark FTSE 100 index up 0.27 percent at 6,981.23 points.Elsewhere, Frankfurt's DAX 30 index added 0.36 percent to 11,942.16 points and the CAC 40 in Paris increased 0.14 percent to 5,037.18 compared with Thursday's close.Copyright AFP (Agence France-Presse), 2015 ...
UK's FTSE touches record high as central banks stay dovish LONDON: Britain's benchmark share index reached record highs on Thursday, with gold miners outperforming, after the US Federal Reserve and Bank of England both dampened prospects of interest rate rises in the near term. The FTSE 100 index rose as much as 0.5 percent to a record high of 6,982.79 points, beating the earlier record of 6,974.26 points set on March 2. It closed 0.3 percent higher, up 17.12 points at 6,962.32. Traders said the ...
Italian boost sends European shares to 15-year high LONDON/PARIS: A broad index of European shares hit its highest level in 15 years on Thursday, led by Italian stocks thanks to sharp gains in tyre maker Pirelli and utility Enel. Shares in Enel rose 1.9 percent after it said it aims to raise profits and dividends over the next five years by focusing on emerging markets and green energy. Writedowns caused its 2014 net profit to fall 84 percent. Pirelli rose 3.3 percent and ...
UK stocks hit record high; eurozone markets advance LONDON: The British stock market rallied Thursday to a record peak, propelled by optimism over the government's budget and after the US Federal Reserve cooled rate hike expectations.Most eurozone stock markets edged higher but Athens fell sharply as investors awaited an EU summit for fresh news on the Greek debt crisis.In morning deals, London's benchmark FTSE 100 index soared to a record-high 6,982.79 points, building on gains won the previous day after the British government's ...


Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln