Closing stock market indices
Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS EXCHANGE: European shares ended a three-session winning streak as a rout in oil and metals prices pounded commodity-related stocks, and new worries about economic growth and corporate earnings sapped sentiment. PPR shares fell 3.2 percent as analysts predicted disappointing quarterly sales at the French retailer.
This and comments by the new chief of Deutsche Telekom that 2007 would be a difficult year fuelled concern that analysts' earnings forecasts for corporate Europe may be too optimistic. The pan-European FTSEurofirst index of 300 leading shares ended down 0.49 percent at 1,511.95 points.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 6716.82 points, down 14.92 or 0.22 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 5591.54 points, down 39.54 or 0.70 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 9073 points, down 28.65 or 0.31 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 32349 points, down 147 or 0.45 percent.
SYDNEY STOCKS EXCHANGE: Australian stocks closed flat after losses in big miners and banks countered a rally in Telstra, the nation's largest phone company, which hit a 14-month peak after broker upgrades. The benchmark S&P/ASX 200 index ended down just 0.4 points, or 0.01 percent, at 5,673.40.
JOHANNESBURG STOCKS EXCHANGE: South African stocks slipped as miner Lonmin fell on news furnace repairs would hit first-half sales but retailers Truworths and Lewis jumped on strong sales figures. The All-share index fell 39.28 points or 0.16 percent to 25,155.45. The All Gold index closed at 2728.6 points, down 37.38 or 1.35 percent, while the Industrial index closed at 18157.85 points, up 80.07 or 0.44 percent.
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