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Print Print 2006-11-15

Closing stock market indices

Here is how major stock markets outside the United States ended on Tuesday.
Published November 15, 2006

Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS EXCHANGE: European shares eased as rising oil prices weighed and investors cashed in recent gains from the nearly completed earnings reporting season, amid scepticism that markets will move higher.
"For the first time since early 2004, more investors now see equities as overvalued as opposed to undervalued," Merrill Lynch said in a summary of a global fund manager survey. Among few notable gainers was Spanish telecoms firm Telefonica, which advanced 1.2 percent after raising its 2006 forecasts following solid earnings in the first nine months.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 6,387.38 points, down 6.35 or 0.10 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 5,476.28 points, down 14.28 or 0.26 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 8,733.82 points, down 18.28 or 0.21 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 31,119 points, down 100 or 0.32 percent.
SYDNEY STOCKS EXCHANGE: Australian shares rose 0.3 percent after Macquarie Bank higher-than-expected profits lifted the stock to its highest close in more than a year, and construction group James Hardie Industries gained on a broker upgrade. The benchmark S&P/ASX 200 Index added 17.2 points to close at 5,435.6, recovering from Monday's 0.3 percent fall. The index set an all-time high last week.
JOHANNESBURG STOCKS EXCHANGE: South African stocks tiptoed up as a firmer gold price bolstered producers of the precious metal and media company Naspers jumped on news it had boosted its stake in pay-TV channel M-Net. The All-share index closed at 23,674.39 points, up 107.43 or 0.46 percent. The All Gold index closed at 2,901.2 points, up 47.81 or 1.68 percent, while the Industrial index closed at 16,273.17 points, up 137.91 or 0.85 percent.

Copyright Reuters, 2006

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