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Print Print 2007-12-04

Closing stock market indices

Major stock markets outside the United States ended on Monday.
Published December 4, 2007

Major stock markets outside the United States ended on Monday.
EUROPE STOCKS EXCHANGE: European stocks snapped a three-day winning run and ended down, with banks including HSBC and UBS among the main losers as interbank lending rates rose to nine-year highs on credit worries.
Miner Anglo American shed 2.9 percent and bid target Rio Tinto lost 3.5 percent, tracking lower metal prices, while oil firms also stayed in the red as crude oil prices slid to five-week lows.
The pan-European FTSEurofirst 300 index closed 0.4 percent lower at 1,520.6, after gaining about 4 percent in the last three sessions. The index is up 2.5 percent so far this year.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 7,837.26 points, down 33.26 or 0.42 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 5,629.46 points, down 41.11 or 0.72 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 8,706.22 points, down 122.14 or 1.38 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 29,732 points, down 105 or 0.35 percent.
SYDNEY STOCKS EXCHANGE: Shares ended flat after a seesaw session, as hopes of a US interest rate cut buoyed US-exposed firms such as Westfield Group, while persistent credit market worries saw most of the major banks pare initial gains.
The benchmark S&P/ASX 200 index inched up 0.4 point to 6,533.5, after rising a total of 2.6 percent in the previous two sessions.
JOHANNESBURG STOCKS EXCHANGE: Markets drifted lower, with banking shares under pressure ahead of this week's rates announcement and expectations of a hike knocking short-dated bonds. The All-share index closed at 30,303.67 points, down 4.13 or 0.01 percent.
The All Gold index closed at 2,575.43 points, down 48.95 or 1.87 percent, while the Industrial index closed at 21,077.31 points, down 1.54 or 0.01 percent.

Copyright Reuters, 2007

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