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Print Print 2005-10-08

Closing stock market indices

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

Here is how major stock markets outside the United States ended on Friday.
EUROPE STOCK EXCHANGE: European shares ended the week in negative territory, haunted by the twin spectre of rising interest rates and slowing economic growth, while a sales warning sent telecoms firm Cable & Wireless plunging.
Miners were a weak spot as investors locked in their profits on stocks such as BHP Billiton and Anglo American amid signs demand may soon peak, while Prudential led insurers lower on renewed questions around the cost of its guarantees on life policies sold in Taiwan.
The pan-European FTSEurofirst 300 index shed 0.42 percent to end at 1,207.24 points, after better-than-expected US jobs data added to the belief among investors that the Federal Reserve had no reason to stop monetary tightening anytime soon.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 5007.77 points, down 9.5 or 0.19 percent on the day, and 36.35 lower in the week.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4528.79 points, down 8.11 or 0.18 percent, losing 71.23 points since last weekend.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 6946.95 points, up 7.74 or 0.11 percent and gaining 48.07 points over the week.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 25966 points, down 189 or 0.72 percent. The index lost 880 points in the week.
SYDNEY STOCK EXCHANGE: The Australian share market fell for a third straight day, posting its biggest weekly drop since September 2001, as the world's biggest mining company BHP Billiton failed to sustain an early rally. The benchmark S&P/ASX 200 ended down 6.7 points, or 0.2 percent at 4,440.6, falling 200.6 points on the week.
JOHANNESBURG STOCK EXCHANGE: Steinhoff and other retailers dragged the South African bourse lower amid speculation the central bank may be forced to hike interest rates, but a weaker rand and bullion prices boosted gold stocks. The All-share lost 161.87 points, or 0.99 percent, to close at 16,136.26, losing 739.39 points in the week. The All Gold index closed at 2149.17 points, up 32.68 or 1.54 percent on the day but hardly altered from last Friday's close of 2149.47. The Industrial index closed at 11829.86 points, down 114.06 or 0.95 percent, and 512.69 points worse off than last Friday.

Copyright Reuters, 2005

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