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Closing stock market indices outside the U.S.
Published in Saudi Press Agency on 09 - 01 - 2007


Here is how major stock markets
outside the United States ended on Tuesday, according to Reuters.
LONDON - Britain's benchmark index ended just inside
positive territory as a robust banking sector offset a heavy
fall in oil stocks hit by lower oil prices. The FTSE 100 closed
at 6,196.1 points, up 1.9 or 0.03 percent.
EUROPE - European shares closed higher but below intraday
peaks, with gains for construction and telecom stocks offsetting
a weaker energy sector hit by lower oil prices and disappointing
numbers from BP.
Two investment banks warned that aggregate price-to-earnings
(P/E) valuations were skewed by low multiples for many stocks
with a high market capitalisation.
"A low aggregate P/E multiple disguises the fact that the
average stock is not attractive," Dresdner Kleinwort said in a
strategy note.
FRANKFURT - The DAX index ended at 6,614.37 points, up 6.78
or 0.10 percent.
PARIS - The CAC-40 index closed at 5,533.03 points, up 14.44
or 0.26 percent.
ZURICH - The Swiss market index closed at 8,874 points, up
23.75 or 0.27 percent.
MILAN - The All Share Mibtel index closed at 31,939 points,
up 51 or 0.16 percent.
TOKYO - The Nikkei average rose 0.86 percent as shares of
Sony jumped after an upgrade by Goldman Sachs, while JFE
Holdings and other steel stocks rebounded from recent falls. The
Nikkei climbed 146.18 points to close at 17,237.77.
HONG KONG - Hong Kong blue chips fell 0.7 percent and China
plays slid 1.3 percent as investors booked profits in recent
highflyers, including telecoms and mainland financial issues.
The benchmark Hang Seng Index dropped 131.58 points to close at
19,898.08.
SYDNEY - Australian shares bounced 1.6 percent, snapping a
four-day slide, as energy infrastructure group Alinta jumped on
a management buy-out offer, while big miners such as BHP
Billiton rallied after their recent rout. The benchmark S&P/ASX
200 index added 87.7 points to close at 5,589.7.
JOHANNESBURG - Buoyant banking stocks propelled South
African shares higher amid rising hopes the central bank might
hold off on more interest rate hikes, but Sasol fell on a weaker
oil price. The All-share index closed at 24,603.61 points, up
191.14 or 0.78 percent. The All Gold index closed at 2,773.75
points, down 18.61 or 0.67 percent, while the Industrial index
closed at 17,769.73 points, up 134.27 or 0.76 percent.


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