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Print Print 2005-01-29

Closing stock market indices

Here is how major stock markets outside the United States ended on Friday.
Published January 29, 2005

Here is how major stock markets outside the United States ended on Friday.
EUROPE STOCKS EXCHANGE: German engineering group Siemens and bancassurer Fortis led European shares lower, with jitters over Iraq's elections and the impact of a slide in crude on oil stocks also weighing.
Shares in Siemens fell 3.5 percent, initially hit by a downgrade on the stock to "sell" from Landesbank Baden-Wuerttemberg, which cited uncertainty over its loss-making mobile phone unit.
The losses accelerated late in the session with dealers blaming a lack of strong positive news from a conference call. Paper stocks such as Norske Skogsin, Stora Enso, and UPM-Kymmene skidded on concerns about their upcoming results, dealers said.
The FTSEurofirst 300 index ended down 0.5 percent at 1,054.44 points after hitting a new 2-1/2-year high earlier in the session after news of a bumper $57 billion merger in the US consumer goods sector, with Procter & Gamble Co to acquire Gillette Co.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 4,201.81 points, down 14.6 or 0.35 percent, 11.89 points lower on the week.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 3,870.35 points, down 21.05 or 0.54 percent, up 16.16 points since last Friday.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 5,750.7 points, down 23 or 0.40 percent, up 12.6 from a week ago.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 23,828 points, down 85 or 0.36 percent, falling 188 points over the week.
SYDNEY STOCKS EXCHANGE: The share market fell 0.17 percent, easing off a record high hit early in the day, as the big banks ended mixed and major miners retreated. The benchmark S&P/ASX 200 index slipped 6.8 points to close at 4,098.9, up 55 points on the week.
JOHANNESBURG STOCKS EXCHANGE: Stocks shed ground as investors pocketed profits on heavyweight BHP Billiton and mid-cap construction firm Murray & Roberts slid on the liquidation of its engineering unit. The All-share index closed at 12,699.81 points, down 10.23 or 0.08 percent, gaining 201.97 since last Friday. The All Gold index closed at 1,518.01 points, up 18.92 or 1.26 percent, a drop of 83.54 points from seven days ago.
The Industrial index closed at 9,591.63 points, up 33.59 or 0.35 percent. The index gained 271.67 points over the week.

Copyright Reuters, 2005

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