Markets & Finance

Canada Shares Fall at Close

Canada's benchmark TSE 300 fell 21.44 points to 7915.44.

European stock markets ended lower. In London, the Financial Times-Stock Exchange 100 index finished down 49.20 points, or 0.93%, to 5,266.90, even though the U.K. unemployment rate fell to a 26-year low of 3.1% in February from 3.2% in January.

In France, the CAC 40 ended with a loss of 41.13 points, or 0.89%, to 4,603.80, despite a report showing consumer consumption rose 0.4%, more than expected, in February. In Germany, the DAX Index lost 99 points, or 1.8%, to 5,364 in profit taking after the Japanese market fell overnight and the U.S. market opened lower.

Asia markets ended lower. In Japan, the Nikkei fell 266.04 points, or 2.26%, to close at 11,526.78 as profit-taking in blue-chips and bank shares erased yesterday's gains in technology shares on the back of hopes of reorganization in the sector. In Hong Kong, the Hang Seng fell 186.23 points, or 1.66%, to close at 11,036.60.

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