Closing stock market indices

29 Jun, 2005

Here is how major stock markets outside the United States ended on Tuesday.
Royal Dutch/Shell accounted for a huge chunk of European gains, up 3.5 percent despite a dip in oil prices to below $60 a barrel as its shareholders approved the Anglo-Dutch major oil company's plans to unify its dual-ownership structure.
The corporate unification is expected to help streamline Shell's management structure, whose complexity was blamed for a damaging oil reserves overbooking scandal last year.
Energy rivals BP and Total gained 1.9 percent and 1.2 percent, respectively, as the sector got an extra fillip from an industry upgrade from Morgan Stanley. The FTSEurofirst 300 index ended 0.86 percent stronger at 1,140.64 points - 1 percent below last Thursday's three-year peak of 1,151.74.
The All Gold index closed at 1,689.09 points, down 21.99 or 1.29 percent, while the Industrial index closed at 10,303.91 points, down 16.64 or 0.16 percent.

Read Comments