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Print Print 2008-03-11

Closing stock market indices

Major stock markets outside the United States ended on Monday.
Published March 11, 2008

Major stock markets outside the United States ended on Monday.
EUROPE STOCKS EXCHANGE: European shares ended sharply lower as worries intensified that a credit crisis would lead to more losses at banks and spread wider, slowing economies and hurting demand for metals.
The FTSEurofirst 300 index of top European shares ended 1.15 percent lower at 1,254.76 points, its lowest close since June 2006. Banks and mining stocks were the heaviest weights on the pan-European index, with UBS falling 4 percent, BNP Paribas 2.7 percent and Credit Suisse 3.2 percent.
The top three drags on the index were mining stocks Rio Tinto, BHP Billiton and Anglo American, which fell between 4 and 6 percent, driven by a fall in copper prices.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 6448.08 points, down 65.91 or 1.01 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 4566.99 points, down 51.97 or 1.13 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 7055.01 points, down 119.14 or 1.66 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 24363 points, down 310 or 1.26 percent.
SYDNEY STOCKS EXCHANGE: Australian shares fell 1.6 percent to a fresh 2008 closing low after bleak US jobs data added to mounting signs that the US is in a recession, with banks falling on more signs of trouble in credit markets. The S&P/ASX 200 index fell 83.6 points to close at 5,180.4, the lowest level since October 2006.
JOHANNESBURG STOCKS EXCHANGE: South African stocks dived more than two percent, dragged down by resource stocks as precious metals prices dipped, while the rand recovered from a near-five-year low against the dollar. The All-share index closed at 30114.87 points, down 602.71 or 1.96 percent. The All Gold index closed at 2666.04 points, down 114.29 or 4.11 percent, while the Industrial index closed at 19270.1 points, up 232.55 or 1.22 percent.

Copyright Reuters, 2008

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