Frankfurt DAX: 3,765.11 (+20.67)

German shares rose by more than 0.5 of a per cent yesterday, with floor trading closing with healthy gains before Wall Street began. Dealings on the computerised index fell because of the poor start on Wall Street and the weaker dollar. Dealers said volume was weak.

Paris CAC-40: 2,795.87 (-12.65)

There was volatile trade in French shares yesterday, with the bluechip CAC-40 index initially shooting up on a wave of optimism about the EU summit in Amsterdam. But the mood changed in late morning and stocks went into reverse, barely staying in the plus column, as investors were hit by a sudden bout of nerves about the gathering

Milan Mibtel: 12754 (-7)

Italian shares closed mixed yesterday after a surge in the morning on hopes of a breakthrough at the EU summit in Amsterdam was followed by a sell off when leaders announced agreement on a stability pact. Fiat made ground after the carmaker predicted sales were due to rise by 15 per cent in 1997.