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Print Print 2008-03-19

Closing stock market indices

Major stock markets outside the United States ended on Tuesday.
Published March 19, 2008

Major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS EXCHANGE: European stocks jumped 3.5 percent as hopes for a steep US rate cut and above-forecast results from Goldman Sachs and Lehman Brothers provided relief to a battered financial sector.
The FTSEurofirst 300 index closed up 3.5 percent at 1,241.99 points but this was not enough to recoup all the previous day's 4.4-percent loss. The index is down nearly 18 percent this year.
The rebound was led by recently battered banking shares with UBS - a major victim of the credit crunch - jumping more than 14 percent, Credit Suisse gaining 10.4 percent and HBSC rising more than 7 percent.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 6,393.39 points, up 211.09 or 3.41 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 4,582.59 points, up 151.55 or 3.42 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 7,013.87 points, up 239.61 or 3.54 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 23,930 points, up 559 or 2.39 percent.
SYDNEY STOCKS EXCHANGE: Shares ended virtually unchanged, weighed down by losses in miners following a drop in metal prices, though banking shares recovered as investors sought bargains after recent hefty falls.
The S&P/ASX 200 index inched down 0.9 point to 5,086.1, after falling 2.3 percent to its lowest closing level since September 2006 on Monday.
JOHANNESBURG STOCKS EXCHANGE: South Africa's rand strengthened more than 1 percent and equities clawed a notch higher as strong earnings at major US banks eased global risk aversion and energised international markets.
The All-share index closed at 30,044.07 points, up 116 or 0.39 percent. The All Gold index closed at 2,711.28 points, down 95.3 or 3.40 percent, while the Industrial index closed at 19,376.22 points, up 268.78 or 1.41 percent.

Copyright Reuters, 2008

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