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Print Print 2005-07-08

Closing stock market indices

Here is how major stock markets outside the United States ended on Thursday.
Published July 8, 2005

Here is how major stock markets outside the United States ended on Thursday.
EUROPE STOCK EXCHANGE: Deadly attacks on London's transport system rocked European financial markets, wiping tens of billions of euros in value from equity markets and knocking British shares to their biggest one-day loss in a year.
Transport and luxury goods stocks were among the worst hit as investors feared the explosions that killed at least 33 people would discourage global travel and spending on upmarket items, as happened after the September 11, 2001 attacks. British Airways shed 4.2 percent, and Burberry fell 2.9 percent.
Insurers such as Allianz and Axa slid nearly 3 percent, and reinsurers, which assume risks that are too big or too volatile for insurers to keep on their own balance sheets, were also pounded. The FTSEurofirst 300 index ended 1.8 percent at 1,136.1 points, while London's FTSE 100 halved its losses to end 1.4 percent weaker at 5,158.3 points - with all but two of the benchmark's components in the red.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 4,530.18 points, down 85.31 or 1.85 percent.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4,220.62 points, down 59.33 or 1.39 percent.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 6,250.57 points, down 58.42 or 0.93 percent.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 24,631 points, down 388 or 1.55 percent.
SYDNEY STOCK EXCHANGE: Australian stocks fell to near two-week lows, pressured by oil's climb to fresh record highs, though gaming company Tattersall's Holdings performed well on debut and topped the volume chart. The benchmark S&P/ASX 200 index lost 41.0 points, or 0.96 percent, to 4,234.0 - its lowest close since June 27.
JOHANNESBURG STOCK EXCHANGE: South Africa's blue chip index closed lower but petrochemicals firm Sasol and gold stocks jumped as investors sought safe havens following bomb explosions in London. The All-share index closed at 14,302.11 points, down 92.52 or 0.64 percent. The All Gold index closed at 1,817.57 points, up 21.44 or 1.19 percent, while the Industrial index closed at 10,410.69 points, down 105.45 or 1.00 percent.

Copyright Reuters, 2005

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