Wednesday, December 17, 2008

Major stock markets outside the United States showing Mix Trend

EUROPE STOCKS EXCHANGE: European stocks closed higher, with banks gaining after results at Goldman Sachs beat expectations, and as investors braced for a rate cut in the United States. The FTSEurofirst 300 index of top European shares closed up 0.9 percent at 834.84 points. The index has lost more than 44 percent this year, hurt by a credit crisis that has helped push several major economies into recession.

Goldman Sachs posted its first quarterly loss since going public nine years ago, but some investors had expected even deeper losses and its shares rose 8.6 percent on Wall Street.

FRANKFURT STOCKS EXCHANGE: The DAX index ended at 4729.91 points, up 75.09 or 1.61 percent.

PARIS STOCKS EXCHANGE: The CAC-40 index closed at 3251.66 points, up 66 or 2.07 percent.

ZURICH STOCKS EXCHANGE: The Swiss market index closed at 5567.14 points, up 40.6 or 0.73 percent.

MILAN STOCKS EXCHANGE: The All Share Mibtel index closed at 15064 points, up 152 or 1.02 percent.

SYDNEY STOCKS EXCHANGE: Stocks fell 0.98 percent, dragged down by top phone company Telstra Corp, while Macarthur Coal tumbled on a profit downgrade. The S&P/ASX 200 index fell 35.2 points to 3,556.2, after rising 2.3 percent on Monday.

JOHANNESBURG STOCKS EXCHANGE: South Africa's markets were closed today for the Reconciliation Day public holiday. They will reopen tomorrow. On Monday, the All-share index closed at 21805.83 points. The All Gold index closed at 2366.99 points, while the Industrial index closed at 16584.83 points.

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