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China bounces as markets on watch for central bank stimulus LONDON: Chinese stocks rallied on Tuesday, recovering some ground lost in Monday's tumble, after economic data for 2014 came in slightly better than forecast albeit highlighting growth running at its slowest pace in 24 years.Shanghai's SSE Composite was 1.9 percent higher, while the MSCI Asia ex Japan index advanced 0.4 percent. The broader MSCI emerging stocks benchmark also rose 0.4 percent."The market has received the data pretty well though it isn't driven by domestic demand as much as we would like. The Chinese still have more work to do in terms of rebalancing growth," said Per Hammarlund, emerging markets strategist at SEB.Elsewhere, the focus remained on the impact of weak oil prices and imminent monetary policy moves, with investors watching for a possible rate cut in Turkey while speculation mounted of a second devaluation for Nigeria since November.Nigeria's naira eased 2.4 percent against the dollar. With currency and foreign exchange ...

Europe shares follow Asia higher on China growth relief LONDON: Shares in Europe and Asia rose on Tuesday and the dollar strengthened against the yen after China said its economy had not slowed as much as many in markets had feared.However, the International Monetary Fund cut its forecast for global growth in 2015 by three-tenths of a percent to 3.5 percent and called on governments and central banks to pursue accommodative monetary policies and reforms.Oil prices steadied after an initial dip on prospects of ...
European stocks rise at open LONDON: Europe's leading stock markets rose at the start of trading Tuesday, extending gains won a day earlier on expectations of ECB stimulus.London's FTSE 100 index won 0.29 percent to 6,604.51 points compared with Monday's close, as investors looked ahead to a meeting of the European Central Bank due Thursday.Frankfurt's DAX 30 climbed 0.35 percent to 10,278.55 points and the CAC 40 in Paris won 0.27 percent in value to 4,406.96.The euro retreated against the ...
European stocks rise at open LONDON: Europe's main stock markets rose at the start of trading on Monday, a pivotal week for the region with the ECB forecast to announce fresh stimulus measures.London's FTSE 100 index climbed 0.12 percent to 6,557.83 points compared with Friday's close.Frankfurt's DAX 30 grew 0.63 percent to 10,231.58 points and the CAC 40 in Paris gained 0.21 percent in value to 4,388.67.Stock indices had rallied Friday on fresh signals that the European Central Bank will ...
Swiss stocks plunge for second day after SNB's surprise move PARIS: Swiss stocks fell 6 percent on Friday, extending a sell-off sparked by the Swiss National Bank's surprise decision to remove a ceiling on the Swiss franc that sent the currency soaring. Shares in other European countries rallied, however, lifted by mounting expectations the European Central Bank will soon launch quantitative easing, and Germany's DAX index set a record high. A rebound in oil prices also boosted energy shares, with Total gaining 3.2 percent and ...
Europe stocks close higher, DAX hits record PARIS: Europe's main stock markets closed higher on Friday, with Frankfurt's DAX 30 hitting record highs on increasing expectations the ECB will launch a bond-buying stimulus programme next week.The DAX 30 rose 1.35 percent to a record close of 10,1677 points and hit an intra session record high of 10,207.97.The CAC 40 in Paris gained 1.31 percent to 4,379.62 while London's benchmark FTSE 100 index rose 0.79 percent to 6,550.27 points. Switerzerland's SMI tumbled 5.96 ...
Swiss stock exchange closes down 5.96pc on soaring franc GENEVA: Swiss stocks closed down nearly six percent Friday, a day after the central bank stunned markets by scrapping its three-year bid to hold down the value of the franc.The Swiss stock exchange's main SMI index shed 5.96 percent to 7,899.59 points.Copyright AFP (Agence France-Presse), 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln