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Closing stock market indices outside the U.S.
Published in Saudi Press Agency on 21 - 01 - 2008


Here is how major stock markets
outside the United States ended on Monday, according to Reuters.
LONDON - Britain's leading shares fell 5.48 percent,
suffering its largest one-day loss since Sept. 11 2001 as the
index tracked global markets lower on deepening fears of a
possible U.S. recession. The FTSE 100 closed down 323.5 points
at 5,578.2, its lowest close since June 2006 and wiping nearly
77 billion pounds from the value of its constituent stocks.
EUROPE - European shares fell nearly 6 percent, their
biggest one-day slide since the Sept. 11, 2001 attacks, as fears
of a U.S. recession and more write downs in the financial sector
sparked a broad-based selloff. "This is like a panic. It's like
out, out, out (of stocks). Run for cover," said Dirk Mueller, a
trader at Frankfurt brokerage ICF. "There is a very ugly sense
of capitulation and the worst thing is that we can't see where
it will all end," said Javier Galan, fund manager at Spanish
brokerage Renta 4. The FTSEurofirst index index of top European
shares closed down 5.8 percent at 1,279.85 points, having
earlier hit an 18-month low of 1,278.79. Monday's fall was the
index's 11th drop in 14 sessions for a total loss of 15 percent
in 2008.
FRANKFURT - The DAX index ended at 6,790.19 points, down
523.98 or 7.16 percent.
PARIS - The CAC-40 index closed at 4,744.45 points, down
347.95 or 6.83 percent.
ZURICH - The Swiss market index closed at 7,287.14 points,
down 404.84 or 5.26 percent.
MILAN - The All Share Mibtel index closed at 25,606 points,
down 1304 or 4.85 percent.
TOKYO - Japan's Nikkei tumbled nearly four percent to its
lowest close since Oct 2005, battered as banks fell and
investors dumped blue chip shares on disappointment with a U.S.
stimulus proposal. The Nikkei closed down 3.86 percent or 535.35
points at 13,325.94, its lowest close since Oct. 25, 2005. It
has lost nearly 13 percent this year alone.
HONG KONG - Blue chips skidded 5.49 percent in their worst
day since September 2001 as a U.S. economic stimulus package
failed to calm investor fears about a possible recession in the
world's biggest economy. The Hang Seng Index closed down
1,383.01 points to end at 23,818.86, the lowest close in the
year.
SYDNEY - The share market fell nearly 3 percent, extending
its longest losing streak in a quarter of a century, on renewed
U.S. recession fears and concern over the health of global
financial markets. The S&P/ASX 200 index closed down 2.9
percent, or 166.9 points, to close at 5,580.4, its 11th straight
decline and lowest close since Jan. 12, 2007.
JOHANNESBURG - A global market sell-off sent South Africa's
Top-40 to its biggest daily loss in 7 months, while government
bonds fell sharply and the rand hit a fresh 4-month low. The
All-share index closed at 25,423.69 points, down 1228.97 or 4.61
percent. The All Gold index closed at 2,417.35 points, down
144.59 or 5.64 percent, while the Industrial index closed at
17,633.68 points, down 587.65 or 3.23 percent.


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