Closing stock market indices

18 May, 2004

Here is how major stock markets outside the United States ended on Monday.
Tyre makers Michelin and Continental, and chemicals firm such as Akzo Nobel, whose output relies heavily on oil derivatives, were also pounded as fears of fuel supply shortages and sabotage attacks on the Middle East oil infrastructure lifted oil prices near $42 a barrel.
Concern that simmering crude prices may hurt economic and earnings growth spread across the board, sending Europe's largest maker of consumer electronics, Philips Electronics, German car giant DaimlerChrysler and Swiss engineering firm ABB sharply lower.
The benchmark S&P/ASX 200 index ended down 0.42 percent, or 14.0 points, at 3,345.5.
The All-share index closed at 9,808.31 points, up 41.59 or 0.43 percent.
The All Gold index closed at 1,813.82 points, up 39.64 or 2.23 percent, while the Industrial index closed at 6,979.68 points, up 15.77 or 0.23 percent.

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