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Print Print 2004-03-06

Closing stock market indices

Here is how major stock markets outside the United States ended on Friday.
Published March 6, 2004

Here is how major stock markets outside the United States ended on Friday.
EUROPE STOCKS EXCHANGE: Poor US payrolls data ensured a slightly weaker end to a strong week for European shares, but hopes that a jobless recovery would convince the US Federal Reserve to keep borrowing costs low helped limit equity selling.
Economy-sensitive media, retail and cyclicals stocks slipped as a US government report showed US employers added just 21,000 workers to their payrolls last month - the market had forecast 125,000 - fuelling fears that job insecurity could curb US consumer spending, the linchpin of the economic recovery.
The FTSE Eurotop 300 index of pan-European blue chips closed 0.4 percent lower at around 1,022.7 points, below the session's near 20-month high of 1,027.65 but still 1.4 percent higher than at the start of the week.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 4,126.14 points, down 7.64 or 0.18 percent but up on the week by 107.98 points.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 3,761.11 points, down 15.83 or 0.42 percent. However the index gained 35.67 points on the week.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 5,895.8 points, down 38.6 or 0.65 percent, but up from last Friday by 97.4.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 21,069 points, up 20 or 0.10 percent and ahead on the week by 291 points.
SYDNEY STOCKS EXCHANGE: Stocks closed at a 21-month high as upbeat corporate earnings, solid demand for resource stocks and positive offshore momentum sparked a blue chip rally.
The benchmark S&P/ASX 200 index closed up 18.5 points, or 0.55 percent, at 3,407.5, a level not seen since May 2002 and better off by 46.9 points since last Friday.
JOHANNESBURG STOCKS EXCHANGE: A last-minute strengthening in the rand after shockingly weak US non-farm payrolls data hurt the stock market which is dominated by rand-sensitive stocks such as Anglo American Plc. The broad all-share index slipped 0.41 percent or 46.10 points to 11,096.55 but gaining 201.55 points in the week.
The All Gold index closed at 2,353.51 points, up 36.53 or 1.58 percent and up on the week by 79.01.
The Industrial index closed at 7,395.44 points, down 21.19 or 0.29 percent but up 202.99 since last Fridays close.

Copyright Reuters, 2004

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