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Print Print 2008-07-19

Closing stock market indices

Major stock markets outside the United States ended on Friday.
Published July 19, 2008

Major stock markets outside the United States ended on Friday.
EUROPE STOCK EXCHANGE: European shares ended sharply higher after better-than-expected earnings from US bank Citigroup spurred a rally in financial stocks.
The FTSEurofirst 300 index of top European shares closed 1.56 percent higher at 1,164.19 points, having fluctuated between 1,133.28 and 1,163.71 during the day. The index gained around 3.2 percent during the week, but has lost about 23 percent so far this year.
FRANKFURT STOCK EXCHANGE: The DAX index ended at 6,382.65 points, up 111.38 or 1.78 percent, gaining 229.35 points since last weekend.
PARIS STOCK EXCHANGE: The CAC-40 index closed 4,299.36 points, up 73.37 or 1.74 percent, adding 198.72 since last Friday.
ZURICH STOCK EXCHANGE: The Swiss market index closed at 6,827.31 points, up 88.15 or 1.31 percent, higher by 188.42 points from last week.
MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 21,591 points, up 283 or 1.33 percent, adding 240 points during the week.
SYDNEY STOCK EXCHANGE: Shares fell 1.24 percent as another drop in oil prices hit heavyweight resource firms such as Woodside Petroleum Ltd, while ongoing credit worries pressured financial firms. The S&P/ASX 200 index fell 60.6 points to 4,840.4, after rising in the previous two sessions.
The index fell 139.5 points on the week to post its ninth straight week of declines, the longest such losing streak since a 10-week decline between May and July 2002.
JOHANNESBURG STOCK EXCHANGE: The rand weakened sharply after local mobile operator MTN said it had ended talks with India's Reliance Communications, and miners weighed on the local bourse. The All-share index closed at 27,610.09 points, down 385.55 or 1.38 percent, a fall of 125.55 from last week.
The All Gold index closed at 2,372.04 points, down 53.94 or 2.22 percent, a rise of 64.18 points on the week. The Industrial index closed at 19,226.92 points, down 135.95 or 0.70 percent, but gaining 1,285.54 points since July 11.

Copyright Reuters, 2008

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