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http://www.businessweek.com/stories/2003-08-20/europe-shares-finish-higher

Markets & Finance

Europe Shares Finish Higher


European markets were higher on Thursday. Companies with U.S. interests are again in the driver's seat, with optimism over the economy, reports MMS. A brokerage upgrade on the chip sector, as well as reports that Intel's CEO sees a turnaround in personal computer sales is adding to the mix. In London, the Financial Times-Stock Exchange 100 index ended up 6.1, or 0.14%, at 4,223.50.

In Paris, the CAC 40 finished higher by 26.08 points, or 0.80% at 3,306.42. Germany's DAX index finished 64.24 points higher, or 1.83% at 3,565.47, amid indications that U.S. equities would open higher. "Also, many feel that the euro slide to $1.10 will boost European exports and raise corporate earnings," reports MMS.

Asian markets finished mixed. Japan's Nikkei 225 index continues to push ahead, adding 0.69% to finish at 10,362.69. In Hong Kong, the Hang Seng index added 168.3 points, or 1.61%, to close at 10,643.63.

Canada's benchmark S&P/TSX rose 25.38 points, or 0.34%, to 7,516.45.


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