British Holiday Trims Volume On Major European Markets
May 08, 2011
Prices were little changed in France and Belgium, amid a lack of fresh economic or corporate news. Weakness in the dollar and the local bond market pressured Spanish, Dutch and Swiss shares, while skittishness among Italian investors was exacerbated by low trading volume. But gains in the forestry sector helped keep support Swedish shares. The South African market ended mixed, as gold shares rallied and industrial stocks weakened. In dollar terms, the European sector of the Dow Jones World Stock Index dropped 0.20 to 146.79 Monday, after climbing 1.17 on Friday. The world index as a whole lost 0.72 to 139.53, adding to Friday's loss of 0.07. Tobacco and casino stocks led the Dow Jones Global Industry Groups, while consumer-electronics and steel issues were among the laggards. European Stock Market Indexes Market Belgium
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