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20000209

Closing stock market indices

LONDON: Here is how major stock markets outside the United States ended on Tuesday.

FRANKFURT - Germany's benchmark DAX share index jumped 3.48 percent as its telecoms and tech heavyweights were lifted by a global buying spree in their sectors. The DAX rose 253.56 points or 3.48 percent to 7,549.88, a new record closing high.

PARIS - The Paris Bourse scored good gains as France Telecom and star chipmaker STMicroelectronics led telecommunications and technology stocks higher. The CAC-40 blue-chip index ventured into record territory again to set an all-time high at 6,396.39 points intraday. But the foray around the 6,400 level was short-lived and the index ended up 94.08 or 1.52 percent to a record close of 6,297.66 points.

ZURICH - The bourse ended flat after pharmaceuticals group Novartis failed to hold on to intraday gains. Dealers were disappointed that the Swiss bourse failed to match the performance of other major European equity markets, where recent rallies have been driven largely by technology and related stocks. The blue-chip Swiss Market Index (SMI) was down 0.4 points or 0.01 percent at 7,130.9.

MILAN - The all-share Mibtel closed at a new high, ending up three percent, after touching an earlier intra-day record as telecoms and media stocks rallied. The Mibtel closed 903 or 3.0 percent higher at 30,968.

AMSTERDAM - Blue chip shares powered higher, edging above key resistance as the market got a shot in the arm from better than expected U.S. economic data. The AEX blue chip index closed 15.24 or 2.34 percent higher at 667.66 points, knocking down a key resistance level of 665.

SYDNEY - The share market slid as investors dumped gold stocks and reduced exposure to companies with disappointing earnings and sales. The benchmark All Ordinaries Index closed down just 6.4 points or 0.20 percent at 3,124.0.

JOHANNESBURG - Shares eeked out modest gains as market friendly U.S. fourth quarter productivity figures helped mend sentiment. The All Share index ended 27.0 points or 0.3 percent up at 8,889.8. The gold index ended 68.6 or 5.35 percent down at 1,213.7 as bullion price slipped to $298.00/0.00 an ounce. The industrial index jumped 189.6 or 1.95 percent to close at 9,916.9 points.-RReuters

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