Markets & Finance

Europe Stocks Finish Lower


European stock markets finished lower. London's Financial Times-Stock Exchange 100 index was off 2.90 points, or 0.07%, to 4,311. Among the gainers were Amersham Plc after General Electric announced a $9.5 billion deal to acquire the maker of laboratory equipment. Other gainers included Cambridge Antibody Technology, while Allied Domecq was lower.

In Paris, the CAC 40 was down 18.87 points, or 0.57%, to 3,306.12. Among the losers were telecommunication co. Alcatel.

Germany's DAX index lost 10.65 points, or 0.31%, to 3,471.25. Among the gainers were Schering AG, HVB Group and Commerzbank.

Asian markets finished higher. In Japan, the Nikkei 225 index added 254.60 points, or 2.42%, to 10,786.04 on the Bank of Japan's unexpected monetary easing announced mid afternoon. In Hong Kong, the Hang Seng index gained 135.46 points, or 1.15%, to 11,935.83.

Canada's benchmark S&P/TSX added 29.19 points, or 0.38%, to 7,633.61.


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