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Print Print 2005-11-19

Closing stock market indices

Here is how major stock markets outside the United States ended on Friday.
Published November 19, 2005

Here is how major stock markets outside the United States ended on Friday.
EUROPE STOCK EXCHANGE: European shares closed higher, touching new three-and-a-half-year highs thanks to mining stocks and then halving gains after the European Central Bank president hinted interest rates would rise in December. Miners Rio Tinto and Anglo American added 1.4 percent as gold hit its highest price in 18 years and copper raced to a record high on rumours China could not get enough metal to cover a trading position.
UBS also increased its price targets across the mining sector. The FTSEurofirst 300 index of pan-European blue chips closed 0.55 percent higher at 1,237.63 points having earlier touched 1,244.45, its highest level since April 2002.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 5,123.5 points, up 23.78 or 0.47 percent, climbing 32.75 since last Friday.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4,556.23 points, up 33.05 or 0.73 percent, rising 19.74 on the week.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 7,431.38 points, up 101.45 or 1.38 percent. The index rose 80.06 in the week.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 25,853 points, up 60 or 0.23 percent, gaining 191 points since last Friday.
SYDNEY STOCK EXCHANGE: Shares rose to their second-highest close, as miners like BHP Billiton were lifted by strong metal prices, while investors chased top phone firm Telstra for dividend yields. The benchmark S&P/ASX 200 index rose 42.0 points, or 0.91 percent, to 4,671.1, a whisker short of the record close of 4,671.7 on September 29. It rose 2.1 percent, or 96,8 points this week, taking gains this month so far to 4.7 percent, more than offsetting October's 3.9 percent fall.
JOHANNESBURG STOCK EXCHANGE: Stocks marched to a fresh record high as strong metal prices spurred miners and heavyweights Anglo American and Richemont rose after brokers raised their price targets. The All-share index closed at 17,468.97 points, up 180.95 or 1.05 percent, higher on the week by 361.43. The All Gold index closed at 2,334.07 points, up 4.17 or 0.18 percent, up over the week by 156.41. The Industrial index closed at 12,583.37 points, up 141.94 or 1.14 percent, rising 118.91 points since last weekend.

Copyright Reuters, 2005

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