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Print Print 2004-01-21

Closing stock market indices

Here is how major stock markets outside the United States ended on Tuesday.
Published January 21, 2004

Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS EXCHANGE: European stocks ended lower, breaking a five-session rising trend after Stora Enso's profit warning hammered the basic industries sector and investors shunned auto makers as the dollar continued down.
The world's top paper and board maker Stora Enso tumbled 6.4 percent after it warned October-December operating profit would halve from the third quarter due in part to less profitable overseas sales and the weaker US dollar.
Finnish peers UPM-Kymmene and M-real followed with losses of 3.8 and 3.5 percent respectively.
The FTSE Eurotop 300 index of pan-European blue chips ended 0.51 percent lower at 987.81 points, down from the session high of 995.72 points.
Decliners outnumbered advancers by roughly two-to-one, while volumes were good.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 4106.41 points, down 33.51 or 0.81 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 3660.19 points, down 29.78 or 0.81 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 5665.5 points, down 32.9 or 0.58 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 20740 points, down 57 or 0.27 percent.
SYDNEY STOCKS EXCHANGE: Australian stocks rose for a second straight session as investors switched to resources on the back of continued weakness in the currency, leaving banks out in the cold.
The benchmark S&P/ASX 200 index finished up 6.1 points, or 0.18 percent, at 3,308.5.
JOHANNESBURG STOCKS EXCHANGE: South African gold shares raced 1.6 percent higher, buoyed by a firmer metal price, bucking the wider market which closed flat as resource stocks gave up earlier gains on a firm rand.
The All-share index closed at 10971.3 points, down 11.72 or 0.11 percent.
The All Gold index closed at 2652.24 points, up 41.89 or 1.60 percent, while the Industrial index closed at 7215.03 points, up 23.59 or 0.33 percent.

Copyright Reuters, 2004

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