Closing stock market indices

08 Jul, 2005

Here is how major stock markets outside the United States ended on Thursday.
Transport and luxury goods stocks were among the worst hit as investors feared the explosions that killed at least 33 people would discourage global travel and spending on upmarket items, as happened after the September 11, 2001 attacks. British Airways shed 4.2 percent, and Burberry fell 2.9 percent.
Insurers such as Allianz and Axa slid nearly 3 percent, and reinsurers, which assume risks that are too big or too volatile for insurers to keep on their own balance sheets, were also pounded. The FTSEurofirst 300 index ended 1.8 percent at 1,136.1 points, while London's FTSE 100 halved its losses to end 1.4 percent weaker at 5,158.3 points - with all but two of the benchmark's components in the red.

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