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Print Print 2005-09-14

Closing stock market indices

Here is how major stock markets outside the United States ended on Tuesday.
Published September 14, 2005

Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCK EXCHANGE: European shares ended at their lowest level in a week, with heavily-weighted energy stocks such as BP depressed amid evidence that high oil prices are starting to erode US fuel demand.
Mixed comments by regulators on one of GlaxoSmithKline's experimental drugs, a profit warning from UK medical equipment maker Smith & Nephew, and a weak car sector offset pleasing news from mobile phone giant Nokia, which raised its third quarter guidance.
Worries that Germany's increasingly tight election race will result in a hung verdict on Sunday and delay much-awaited corporate and economic reform also hurt sentiment, with Frankfurt's DAX under-performing the rest of Europe.
The FTSEurofirst 300 index of pan-European blue chips shed 0.7 percent to end at 1,201.1 points, distancing itself from a near 40-month intraday high of 1,213.57 set on Monday. The narrower DJ Euro STOXX 50 index was 0.9 percent lower at 3,325.6 points.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4453.41 points, down 38.41 or 0.86 percent.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 6696.38 points, down 30.85 or 0.46 percent.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 4901.88 points, down 88.1 or 1.77 percent.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 26208 points, down 127 or 0.48 percent.
SYDNEY STOCK EXCHANGE: The Australian share market found lift from gains in the dominant mining sector on the back of strong metal prices and in banking group Macquarie after it said it was mulling launching a media investment fund.
The benchmark S&P/ASX 200 index index rose 23.4 points, or 0.52 percent, to 4,495.1.
JOHANNESBURG STOCK EXCHANGE: South African stocks tripped as investors cashed in gains on stocks like platinum producer Implats amid worries about an upcoming futures close-out. The All-share index closed at 15940.18 points, down 107.11 or 0.67 percent. The All Gold index closed at 1755.17 points, down 20.17 or 1.14 percent, while the Industrial index closed at 11857.82 points, down 84.36 or 0.71 percent.

Copyright Reuters, 2005

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