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Print Print 2008-07-26

Closing stock market indices

Major stock markets outside the United States ended on Friday.
Published July 26, 2008

Major stock markets outside the United States ended on Friday.
EUROPE STOCK EXCHANGE: European stocks ended slightly lower, after a flurry of better-than-expected US economic data failed to eclipse a profit warning by Munich Re that knocked insurers lower.
On the upside, Danone surged 7.7 percent after the food and beverage group lifted its 2008 operating margin target and confirmed 2008 sales and profit growth outlook. UBS sank 6.1 percent on the back of news that New York State has filed a lawsuit accusing the bank of deceptively selling auction-rate securities as cash equivalents.
The FTSEurofirst 300 index of top European shares ended 0.1 percent lower at 1,169.59 points, after falling by more than 1 percent during the session. The index, which is down 22 percent so far in 2008, has gained 0.5 percent during the week.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 6,436.71 points, down 3.99 or 0.06 percent, gaining 54.06 points since last weekend.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4,377.18 points, up 29.19 or 0.67 percent, adding 77.82 points since last Friday.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 7,015.03 points, down 41.9 or 0.59 percent, higher by 187.72 points from last week.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 21,972 points, up 50 or 0.23 percent, adding 381 points during the week.
SYDNEY STOCK EXCHANGE: Shares fell 3.37 percent, the steepest one-day fall in six months, as further credit-related losses at National Australia Bank Ltd triggered a major sell-off in the financial sector. The S&P/ASX 200 index fell 173.6 points to 4,970.5, logging its largest one-day percentage fall since January 22. During the week the index gained 130.1 points.
JOHANNESBURG STOCK EXCHANGE: Stocks dropped, as a cocktail of weaker banking, financial and resource stocks weighed, while the rand clawed back most of the ground lost against the dollar the previous day. The All-share index closed at 26,995.8 points, down 434.32 or 1.58 percent, a fall of 614.29 points from last week.
The All Gold index closed at 2,169.04 points, down 3.83 or 0.18 percent, a fall of 203 points on the week. The Industrial index closed at 18,900.91 points, down 356.58 or 1.85 percent and losing 326.01 points since July 18.

Copyright Reuters, 2008

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