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Print Print 2008-07-12

Closing stock market indices

Major stock markets outside the United States ended on Friday.
Published July 12, 2008

Major stock markets outside the United States ended on Friday.
EUROPE STOCK EXCHANGE: European shares fell sharply to end at their lowest level in more than three years as banks tumbled on fears linked to US home financing groups Fannie Mae and Freddie Mac.
Energy was the only sector in Europe to finish in positive territory, led by heavyweights oil groups Total and Royal Dutch Shell on a spike in the price of crude to over $147 a barrel amid growing worries of threats to supplies from Iran and elsewhere.
The FTSEurofirst 300 index of top European shares dropped 2.6 percent to 1,126.39 points - its lowest close since June 9, 2005 and down more than 25 percent so far this year.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 6,153.3 points, down 151.7 or 2.41 percent, dropping 118.91 points since last weekend.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4,100.64 points, down 130.92 or 3.09 percent, losing 165.36 since last Friday.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 6,638.89 points, down 164.18 or 2.41 percent and lower by 133.85 points from last week.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 21,351 points, down 543 or 2.48 percent, ditching 695 points during the week.
SYDNEY STOCK EXCHANGE: Shares rose 0.86 percent as strong commodity prices lifted resource firms, while banks pared losses on a report the US government was considering a take-over of two top US mortgage lenders.
The S&P/ASX 200 index rose 42.5 points to 4,979.9, having dipped 0.1 percent at one point during the session. Over the week the index lost 102.2 points.
JOHANNESBURG STOCK EXCHANGE: Stocks closed higher after a volatile day of trading, while the rand was little changed from previous closing levels.
The All-share index closed at 27,735.64 points, up 48.16 or 0.17 percent, a fall of 436.64 points from last week. The All Gold index closed at 2,307.86 points, up 74.71 or 3.35 percent, a rise of 51.14 points on the week. The Industrial index closed at 17,941.38 points, down 200.31 or 1.10 percent and a loss of 275.39 points since July 4.

Copyright Reuters, 2008

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