Market Report - Europe

Frankfurt DAX: 3906.03 (-67.62)

Frankfurt DAX: 3906.03 (-67.62)

Germany's DAX index ended bourse dealings down 1.7 per cent, catching up to Thursday's postbourse computer share market losses tied to the weak dollar and overnight Wall Street losses.

Paris CAC-40: 2770.49 (-57.92)

French shares closed 2 per cent lower in large volume as investors started to worry about possible contagion from financial woes in Asia.

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Milan Mibtel: 14218 (+148)

Italian shares rose sharply at the end of trading lifted by a flood of buy orders for Telecom Italia Mobile which shot up 7 per cent. Overall, stocks have fallen steadily for the past week on thin volumes along with US shares, as investors were unsettled by the potential for higher interest rates in Germany.