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London stocks hit high at end of record-breaking week LONDON: London's stock market hit a record high Friday, rounding off a successful week for European indices thanks to a deal on Greece's bailout and positive company results.The benchmark FTSE 100 index reached 6,960 points in morning trade, its highest intra-day level on record. It fell back to 6,954.40 points in afternoon trading, up 0.07 percent.Frankfurt's DAX 30, which has also been hitting highs this week, inched up 0.06 percent to 11,334.41 points. In Paris the CAC 40 gained 0.13 percent to 4,917.24 compared with Thursday's close.The euro climbed to 1.1220 from 1.1198 late in New York on Thursday."Despite the DAX and FTSE 100 having posted several new all-time highs in the past few days. . . many are convinced that markets have still further to go especially as the tensions in Eastern Ukraine appear to be easing a bit and Greece's 'loan extension' has been secured," said Markus Huber, ...

EU sets France tough deficit targets BRUSSELS: The EU set France tough new targets on Friday to get its budget deficit back within Brussels rules, keeping up the pressure after giving Paris two more years until 2017 to toe the line.The benchmarks were announced by the European Commission just two days after it extended the deadline for France, the bloc's second biggest economy after Germany, to meet the EU's deficit ceiling of 3.0 percent of economic output.It said France must use ...
NA body directs Finance to release required amount to Parliamentary Affairs ISLAMABAD: The National Assembly Standing Committee on Parliamentary Affairs Friday directed Ministry of Finance and Planning Commission to release full required amount for upgrading Infrastructure and development of I.T Human Resources, ministry of Parliamentary Affairs.The committee met here in the Parliament House under the chairmanship of Mian Abdul Mannan, MNA regarding to consider the Draft Rules for Members of Parliament (Salaries and Allowances), 2015, to discuss the Public Sector Development Programme (PSDP), and upgradation of ...
Govt committed to implement its economic agenda under Vision 2025: President ISLAMABAD: President Mamnoon Hussain on Friday said that government was committed to implement its Economic and Governance Reforms agenda under the Vision 2025.The President was talking to Rashid Bashir Head of Strategic Consulting firm Deloitte Touche Tohmatsu Limited, Middle East, who called on him at Aiwan-e-Sadr.The President said that the effective implementation and pursuance of the development road-map outlined under the Vision 2025 has the potential to usher in a period of progress and prosperity ...
More than 62.74mn SIMs verified so far: Anusha ISLAMABAD: Pakistan Telecommunication Authority (PTA) on Friday announced that more than 62.74 million SIMs have been verified so far against 47.76 million Computerized National Identity Cards (CNICs).At a press conference here, Minister of State for Information Technology and Telecommunications, Mrs. Anusha Rahman flanked by Chairman PTA, Dr. Ismail Shah, said more than 10 million had been disowned so far for blocking.Giving date-wise statistics, Dr. Ismail Shah said on February 25, record 2.27 million SIMs were ...
Wall St little changed after GDP data; UMich on tap NEW YORK: US stocks held near the unchanged mark shortly after the open on Friday, following data on economic growth and ahead of a report on consumer sentiment. Gross domestic product expanded 2.2 percent in the fourth quarter, revised down from 2.6 percent estimated last month, the Commerce Department said on Friday.The economy grew at a 5 percent rate in the third quarter. "It was basically as expected, but it certainly shows weak growth in ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

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