Closing stock market indices
Here is how major stock markets outside the United States ended on Monday.
EUROPE STOCK EXCHANGE: European stocks ended lower in cautious trade as interest rate and economic growth fears continued to haunt investors, with mining, chemicals and insurance stocks leading the slide. Take-over activity continued to bubble away, with Arcelor falling after agreeing to calls from rebel shareholders to vote on its planned Severstal deal, while Centrica gained on press reports Russia's Gazprom had approached the UK government about taking a stake.
"Sentiment is really bad right now; the recent stock market performance is the worst I've seen in the last couple of years," said Philipp Musil, fund manager at Constantia Privatbank. "The valuations are quite good. For me it's a screaming buy, but don't forget it's June, and we have this football championship; nobody cares about equities right now." The pan-European FTSEurofirst index of 300 leading shares closed down 0.8 percent at 1,265.8 points, after rallying 1.7 percent on Friday.
The index is about 10 percent below its near five-year high of 1,407.5 points hit a month ago.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 5,395.55 points, down 68.53 or 1.25 percent.
PARIS STOCK EXCHANGE: The CAC-40 index closed at 4,723.18 points, down 45 or 0.94 percent.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 7,332.69 points, down 101.88 or 1.37 percent.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 26,998 points, down 303 or 1.11 percent.
JOHANNESBURG STOCK EXCHANGE: South Africa's main stock indices slipped in thin trading on nervousness after recent volatility, but some investors chased after shares like health group Netcare, seen as bargains. The All-share index closed at 19,140.06 points, down 184.66 or 0.96 percent.
The All Gold index closed at 2,554.03 points, down 62.01 or 2.37 percent, while the Industrial index closed at 12,960.16 points, down 80.92 or 0.62 percent.
SYDNEY STOCK EXCHANGE: The Australian stock was closed for the Queens Birthday holiday. On Friday the benchmark S&P/ASX 200 Index added 58.8 points to close at 4,966.0.
MANILA STOCK EXCHANGE: Stocks and financial markets in the Philippines are closed on Monday for a public holiday. Trading will resume Tuesday.
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