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Print Print 2004-05-12

Closing stock market indices

Here is how major stock markets outside the United States ended on Tuesday.
Published May 12, 2004

Here is how major stock markets outside the United States ended on Tuesday.
EUROPE STOCKS EXCHANGE: European shares rebounded to close one percent higher, spurred on by a rally in banking stocks like Deutsche Bank, which rose on hopes it will kick off a round of consolidation in the industry.
Deutsche Bank closed 3.1 percent firmer on reports it is discussing a possible bid for state-controlled Postbank, a move analysts said could spur mergers in the crowded German market.
A better-than-expected 12 percent rise in first-quarter earnings boosted German utility RWE 3.7 percent but Ahold, the world's third-largest retailer, shed 3.6 percent as the sale of assets and a weak dollar took a toll on first-quarter sales.
The FTSE Eurotop 300 index of pan-European blue chips ended 1.1 percent firmer at 979.6 points on solid turnover of around three billion euros.
FRANKFURT STOCKS EXCHANGE: The DAX index ended at 3,849.84 points, up 65.23 or 1.72 percent.
PARIS STOCKS EXCHANGE: The CAC-40 index closed at 3,606.41 points, up 53.06 or 1.49 percent.
ZURICH STOCKS EXCHANGE: The Swiss market index closed at 5,723.1 points, up 81.3 or 1.44 percent.
MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 20,545 points, up 234 or 1.15 percent.
SYDNEY STOCKS EXCHANGE: Stocks ended just firmer as resources climbed, helped by a weaker local currency, while the country's largest bank, National Australia Bank, won investor support ahead of its results.
The benchmark S&P/ASX200 added 0.1 percent or 3.3 points to 3,356.6.
JOHANNESBURG STOCKS EXCHANGE: Stocks bounced back after sinking to 4-1/2-month lows the previous session as bargain hunters snapped up battered shares such as cell phone operator MTN.
The all-share index finished with a modest gain of 62.79 or 0.62 percent at 10,127.60 points.
The All Gold index closed at 1,802.44 points, down 8.85 or 0.49 percent, while the Industrial index closed at 7,192.56 points, up 38 or 0.53 percent.

Copyright Reuters, 2004

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