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Print Print 2007-02-28

Closing stock market indices

Here is how major stock markets outside the United States ended on Tuesday.
Published February 28, 2007

Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS ECHANGE: European shares experienced their biggest one-day percentage fall in nearly four years as fresh US economic worries, a plunge in Chinese stocks and geopolitical uncertainties fuelled an equity sell-off.
Mining and energy shares led the market rout, with economically sensitive sectors such as construction and building materials also hit amid renewed concern about slower economic growth in the United States and China. The FTSEurofirst 300 index of leading European shares closed 2.86 percent lower at 1,506.05 points, its lowest level since January 11 and erasing nearly two thirds of its gains since the start of the year.
FRANKFURT STOCKS ECHANGE: The DAX index ended at 6,819.65 points, down 207.94 or 2.96 percent.
PARIS STOCKS ECHANGE: The CAC-40 index closed at 5,588.39 points, down 174.15 or 3.02 percent.
ZURICH STOCKS ECHANGE: The Swiss market index closed at 8,909.8 points, down 313.23 or 3.40 percent.
MILAN STOCKS ECHANGE: The All Share Mibtel index closed at 32,172 points, down 1062 or 3.20 percent.
SYDNEY STOCKS ECHANGE: Shares fell 0.83 percent, led by losses in Westfield Group Ltd on talk of a share sale and lack of an outlook, but Woolworths Ltd raced to a record high on upgraded earnings. The benchmark S&P/ASX 200 index slipped 50.2 points to 5,993.8, after setting a record closing peak of 6,044.0 on Monday.
JOHANNESBURG STOCKS ECHANGE: South African blue chips fell over 3 percent, posting their biggest one-day decline in more than 5 months on worries about growth in China and news the government could slap a windfall tax on miners. The All-share index closed at 26,078.3 points, down 853.85 or 3.17 percent. The All Gold index closed at 2,799.78 points, down 92.51 or 3.20 percent, while the Industrial index closed at 18,466.95 points, down 443.95 or 2.35 percent.

Copyright Reuters, 2007

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