Markets & Finance

Europe Markets End Lower


European markets finished trading lower Thursday. In London, the Financial Times-Stock Exchange 100 lost 25.9 points, or 0.64%, to 4,028.8, despite a 25 basis-point rate cut by the Bank of England. In Germany, the DAX Index shed 52.59 points, or 1.58%, to 3,269.84. Germany inflation hit a three and a half year low in May, at 0.7%. In France, the CAC 40 lost 41.65 points, or 1.33%, to 3,098.28.

In Asia, major stock indexes ended lower. Japan's Nikkei index finished down 35.33 points, or 0.35%, to 9,955.62, after reaching a year-to-date high in afternoon trading. Meanwhile, Hong Kong's Hang Seng index fell 44.1 points, or 0.44%, to 9,983.31.

Canada's benchmark S&P/TSX fell 45.75 points, or 0.64%, to 7,071.54.


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