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Print Print 2008-07-23

Closing stock market indices

Major stock markets outside the United States ended on Tuesday.
Published July 23, 2008

Major stock markets outside the United States ended on Tuesday.
EUROPE: Weaker oil cushioned a fall in European shares, but stocks ended a four-session winning streak as Vodafone's outlook disappointed, while poor results at US bank Wachovia weighed on financials. European indexes were also hit by weak forecasts from Apple and Texas Instruments overnight.
Vodafone was the strongest negative weight on the pan-European FTSEurofirst 300 index with its shares falling around 14 percent. The world's largest mobile phone company by revenue lowered its outlook for full-year revenue to around the bottom of a previously forecast range as consumers delay buying new phones. The FTSEurofirst 300 index ended down 0.4 percent at 1,165.04 points, having fallen as much as 2 percent in the session. The index gained some 5 percent in the previous four sessions.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 6,442.79 points, up 17.95 or 0.28 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 4,327.26 points, up 0.12 or 0.00 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 6,922.25 points, up 64.03 or 0.93 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 21,746 points, up 15 or 0.07 percent.
SYDNEY STOCKS EXCHANGE: Australian shares eased 0.1 percent with financials such as National Australia Bank weighed down by nagging credit concerns, offsetting gains in resource firms on firmer commodity prices. The S&P/ASX 200 index fell 6.2 points to close at 5,005.6.
JOHANNESBURG STOCKS EXCHANGE: South African stocks ended in the red, as commodity stocks drew back from earlier gains and financial shares fell sharply. The All-share index closed at 27,265.45 points, down 436.05 or 1.57 percent. The All Gold index closed at 2,293.76 points, down 17.52 or 0.76 percent, while the Industrial index closed at 18,638.33 points, down 423.1 or 2.22 percent.

Copyright Reuters, 2008

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