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Print Print 2004-06-05

Closing stock market indices

Here is how major stock markets outside the United States ended on Friday.
Published June 5, 2004

Here is how major stock markets outside the United States ended on Friday.
EUROPE: European blue chips rose, led by a rally in technology stocks as investors welcomed a bullish revenue update by Intel Corp, while US jobs data and softer oil prices boosted Wall Street. European markets have been trapped within recent tight ranges as investors focused on oil prices and the US Federal Reserve's interest rate-setting meeting at the end of the month amid a dearth of corporate news.
"The market seems to be prepared to take a little bit of risk. Oil has fallen nicely and the US payrolls number is more or less in line, but the threat of geopolitical factors is still in the background," said David Buik of spread betters Cantor Index.
FRANKFURT: The DAX index ended at 3,961.93 points, up 44.85 or 1.14 percent, rising 59.21 points from last week.
PARIS: The CAC-40 index closed at 3,698.87 points, up 44.5 or 1.22 percent, a gain of 46.84 points from seven days ago.
ZURICH: The Swiss market index closed at 5,688.4 points, up 27.9 or 0.49 percent. The index added 61.3 points since last Friday.
MILAN: The All Share Mibtel index closed at 20,688 points, up 153 or 0.75 percent, up 118 points on the week.
SYDNEY: Australian stocks recovered from a weak start to finish virtually unchanged after the central bank governor painted a positive picture of the local economy and eased worries of higher interest rates.
The benchmark S&P/ASX 200 index gained just half a point, or 0.01 percent on the day, to close at 3,467.7. The index has gained just 17.3 points since last Friday.
JOHANNESBURG: South African shares turned negative at the close after spending most of the day in the black, dealers said, adding that thin trade had exaggerated moves. The All-share index closed at 10,191.33 points, down 37.42 or 0.37 percent, 115.89 points lower on the week.
The All Gold index closed at 1,784.2 points, down 34.28 or 1.89 percent, down 151.14 points from last week, while the Industrial index closed at 7,389.52 points, down 1.68 or 0.02 percent, up 46.27 points since May 28.

Copyright Reuters, 2004

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