Markets & Finance

Europe Stocks End Mixed


European markets finished mixed. An European Central Bank policy ease next Thursday would be of little or no surprise to the market given recent statements from ECB Council members, but the scale of the move remains open to debate, says MMS.

In London, the Financial Times-Stock Exchange 100 shed 35.50 points, or 0.87%, to 4,048.10. Prime Minister Blair is trying to make a case for the U.K. to join the single currency, cooperating with the European Union.

In Germany, the DAX Index gained 75.97 points, or 2.61%, to 2,982.68, as Schroeder picks up business support for work reforms.

In France, the CAC 40 added 22.57 points, or 0.76%, to 2,991.75.

Canada's benchmark S&P/TSX rose 23.24 points, or 0.34%, to 6,859.80.

In Asia, markets ended mixed. Japan's Nikkei index extended gains by 49.15 points, or 0.59%, to 8,424.51, led by tech shares and exporters as the Nasdaq continues to gain ground. In Hong Kong, the Hang Seng index slipped 21.17 points, or 0.22%, to 9,487.38.


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