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Print Print 2004-07-21

Closing stock market indices

Here is how major stock markets outside the United States ended on Tuesday.
Published July 21, 2004

Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS EXCHANGE: Strong results from drug group Novartis pushed European shares higher, but the advance was capped by weak insurers and caution ahead of key testimony from the Federal Reserve.
Fed Chairman Alan Greenspan will discuss US monetary policy with the Senate banking committee at 1830 GMT, after European bourses shut.
Investors hope Greenspan will give an optimistic outlook for the US economy while maintaining a gradual approach to raising interest rates as June's hike, the first in four years, takes its toll on the pace of activity.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 3837.60 points, up 24.97 or 0.65 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 3607.39 points, up 14.76 points or 0.41 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 5498.4 points, up 68.5 or 1.26 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 20655 points, up 40 or 0.19 percent.
SYDNEY STOCKS EXCHANGE: Australian stocks fell to a five-week low, undermined by fresh selling in the major banks as a new analyst warning on National Australia Bank hurt sentiment already soured by last week's profit downgrade.
The benchmark S&P/ASX 200 index lost 29.8 points or 0.84 percent to end at 3,503.3.
JOHANNESBURG STOCKS EXCHANGE: South African stocks ended a touch firmer after a skittish trading day in which gold firms remained under pressure but other miners, like platinum producer Angloplat, regained some ground.
The All share index closed up 6.51 points or 0.07 percent to 9,911.43, the Gold index ended down 13.38 points or 0.90 percent to 1472.94, while the Industrial index closed down 8.47 points or 0.12 percent to 7232.68.

Copyright Reuters, 2004

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