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Print Print 2005-08-30

Closing stock market indices

Here is how major stock markets outside the United States ended on Monday.
Published August 30, 2005

Here is how major stock markets outside the United States ended on Monday.
EUROPE STOCK EXCHANGE: European shares closed higher for the first time in six sessions, after oil fell from record highs despite Hurricane Katrina pounding the US Gulf coast, while tech and telecom stocks rose. US light crude hit a high of $70.80 a barrel to drag shares sharply down at the open on concerns about the impact on corporate profit and consumer spending but oil eased through the day as the hurricane was downgraded.
Oil firms still benefited from the high price with Italy's Saipem and Austria's OMV among lead gainers in Europe, where trading was very quiet with London markets closed for the August bank holiday. The FTSEurofirst 300 index of pan-European blue chips closed 0.3 percent firmer at 1,167.43 points.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 4812.24 points, up 28.44 or 0.59 percent.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4361.27 points, up 18.57 or 0.43 percent.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 6463.67 points, up 18.31 or 0.28 percent.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 25476 points, up 74 or 0.29 percent.
SYDNEY STOCK EXCHANGE: Australian shares fell 1.3 percent to their lowest in over three weeks, hurt by soaring oil prices, Wall Street's retreat, and losses for energy group Origin after it gave a disappointing earnings outlook. The benchmark S&P/ASX 200 index closed down 55.7 points, or 1.25 percent at 4,396.8.
JOHANNESBURG STOCK EXCHANGE: South African retail stocks Edcon and Pick'n Pay led stocks lower on fears surging oil prices may dent spending and future rate cuts, but petrochemicals giant Sasol firmed. The all-share index fell 0.21 percent or 32.32 points to close at 15,266.42. The All Gold index closed at 1647.69, down 15.70 points or 0.96 percent. The Industrial index closed down 39.72 points, or 0.35 percent at 11341.89.
LONDON STOCK EXCHANGE: The London stock and financial markets were closed on Monday for a public holiday. On Friday the FTSE 100 index ended down 27.6 points, or 0.53 percent, at 5,228.1. The trading will resume on Tuesday.
MANILA STOCK EXCHANGE: Financial and stock markets in Manila were closed on Monday for a public holiday. Trading will resume on Tuesday.

Copyright Reuters, 2005

Copyright Agence France-Presse, 2005

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