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Print Print 2004-09-08

Closing stock market indices

Here is how major stock markets outside the United States ended on Tuesday.
Published September 8, 2004

Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS EXCHANGE: European shares ended flat as a lengthy recovery in the market begins to look stretched, but a rally in Swiss Re and weaker crude oil prices put a lid on the selling.
Swiss Re rose 2.4 percent to 75.10 Swiss francs after a stock rating upgrade to "overweight" at JP Morgan bank.
The insurance sector was also bolstered by domestic peer Swiss Life which beat market expectations with a six-fold increase in first-half net profits, sending the stock up 0.7 percent to 149.5 Swiss francs.
Investors took money out of mining sectors amid talk that China may take further steps to cool its economy, which has been a key consumer of metals and steel.
The FTSE Eurotop 300 index ended down 0.14 percent at 991.32 points, having risen in 11 of the past 16 sessions.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 3,889.04 points, up 1.46 or 0.04 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 3,682.14 points, up 9.11 or 0.25 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 5,559.8 points, up 17.4 or 0.31 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 20,847 points, down 34 or 0.16 percent.
SYDNEY STOCKS EXCHANGE: Stocks rose, propelling the key index towards its record high thanks to gains in QBE Insurance which cheered investors with plans to restructure its European operations.
The benchmark S&P/ASX 200 index rose 12.6 points or 0.35 percent to 3,589.4.
JOHANNESBURG STOCKS EXCHANGE: Gold shares were knocked by a slide in prices while energy and chemicals group Sasol withered after it released annual results and workers walked off the job.
Some financial and retail stocks, however, bucked the weaker trend and extended gains on the back of rosy economy data.
The all share index fell 107.85 or 0.96 percent to 11,136.36 points after three days of gains.
The All Gold index closed at 1,853.52 points, down 48.98 or 2.57 percent, while the Industrial index closed at 7,868.94 points, down 3.49 or 0.04 percent.

Copyright Reuters, 2004

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