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Print Print 2006-10-10

Closing stock market indices

Here is how major stock markets outside the United States ended on Monday.
Published October 10, 2006

Here is how major stock markets outside the United States ended on Monday.
EUROPE STOCKS EXCHANGE: European stocks inched up to their highest close in more than five years on a rally in oil producers and miners after North Korea's first nuclear test heightened concerns that helped shore up commodity prices.
Among major movers, Shire rallied after US regulators gave conditional approval to its new hyperactivity drug, while truckmaker Scania dropped after rival MAN said it might drop its unsolicited bid. "This (market) rise has taken some people by surprise. It went so far so fast so now they have to pay to catch up and will try to buy every dip that becomes available," said Philippe Gijsels, senior equity strategist at Fortis Bank.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 6,084.4 points, down 1.42 or 0.02 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 5,284.74 points, up 2.68 or 0.05 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 8,548.91 points, up 27.67 or 0.32 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 29,826 points, up 121 or 0.41 percent.
SYDNEY STOCKS EXCHANGE: Shares fell as news that North Korea had conducted a nuclear test rattled investor sentiment, while Telstra Corp Ltd slipped after the government gave details of its A$8 billion ($6 billion) stake sale in the telecoms firm. The benchmark S&P/ASX 200 Index lost 21.6 points, or 0.41 percent, to 5,199.1, after falling to a day low of 5,173.1.
JOHANNESBURG STOCKS EXCHANGE: South African stocks hit a fresh all-time high, driven by a miners' rally fuelled by higher gold prices and sharp gains in mobile phone operator MTN. The All-share index closed at 22,773.36 points, up 261.75 or 1.16 percent. The All Gold index closed at 2,879.66 points, up 31.86 or 1.12 percent, while the Industrial index closed at 15,375.77 points, up 18.59 or 0.12 percent.
TOKYO STOCKS EXCHANGE: All Japanese financial markets were closed on Monday for a public holiday, Health-Sports Day. The markets will reopen tomorrow. On Friday, the Nikkei ended down 13.27 points, or 0.08 percent, at 16,436.06.

Copyright Reuters, 2006

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