Closing stock market indices

Major stock markets outside the United States ended on Wednesday.
"Right now, the market tends to focus too much on risks," Alain Bokobza, head of strategy at Societe Generale, told reporters in Paris. "The question is this: does the potential bankruptcy of a few hedge funds related to the troubles in the subprime market represent a systemic risk on the global financial system? At this stage, our answer is no." The FTSEurofirst 300 index of top European shares fell for the fifth consecutive session, closing down 0.5 percent at 1,579.5 points at its lowest finish since June 12.
The All-share index closed at 28,285.1 points, down 461.33 or 1.60 percent. The All Gold index closed at 2,498.51 points, down 39.48 or 1.56 percent, while the Industrial index closed at 19,402.56 points, down 167.65 or 0.86 percent.