Markets & Finance

Canada Shares End Slightly Lower


Canada's benchmark S&P/TSX fell 9.13 points to 7,120.80.

European markets ended higher.

In London, the Financial Times-Stock Exchange 100 index finished up 89.10 points, or 1.96%, to 4,631.00 in a rebound sparked by New York's late rally yesterday.

France's CAC 40 ended higher by 97.16 points, or 2.65%, to 3,766.40 in a short covering rebound even though French housing starts fell 5.4% in 3 months through May.

Germany's DAX index finished up 75.76 points, or 1.84%, to 4,202.97 even though the Ifo June business sentiment index unexpectedly fell to 91.3 from 91.6. Some investors were encouraged that German producer prices were unchanged in May from April.

Asia markets Asia markets finished mixedfinished mixed. In Japan, the Nikkei 225 index finished up 25.35 points, or 0.24%, to close at 10,496.67 as market heavy-weight telecom and exporter shares gained momentum in the afternoon session on the back of buy-backs in stock index futures.

In Hong Kong, the benchmark Hang Seng index ended down 48.36 points, or 0.45%, to close at 10,608.98.


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