Closing stock market indices

27 Mar, 2004

Here is how major stock markets outside the United States ended on Friday.
UK retailers were also down as news from Boots and J.Sainsbury chilled the sector.
The market ended the week lower for a third week in a row as doubts about economic recovery, compounded by security concerns, fuel a pullback from a 22-month peak earlier in March.
Some analysts believe the retreat is largely over, though stocks could dawdle for another week or two until a new US earnings season offers fresh guidance to investors.
"We believe the correction has run its course. The risk premium in equities now looks more generous again and equities offer relative appeal compared to both government and corporate debt," said Rolf Elgeti, European strategist at Commerzbank.
The FTSE Eurotop 300 index ended up 0.2 percent at 973.59 points in steady volume. For the week it was down 0.36 percent, and off 5.3 percent from its 2004 peak on March 3.
The S&P/ASX 200 index ended up 28.7 points, or 0.85 percent, at 3,428.5, a fall of 6.8 points from a week ago.
The broad FTSE/JSE All-Share Index closed 1.13 percent or 118.80 points higher at 10,653.20 but down on the week by 162.79 points.
The All Gold index closed at 2,285.1 points, up 86.6 or 3.94 percent and higher by 11.89 points since last weekend.
The Industrial index closed at 7,173.26 points, up 59.99 or 0.84 percent but falling 134.72 on the week.

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