Market Report - Europe

Frankfurt DAX: 5670.83 (-83.63)

Frankfurt DAX: 5670.83 (-83.63)

Shares fell from record highs, following Wall Street down amid signs the crisis in Asian markets was worsening. The Xetra DAX extended early losses after closing at a record 5,799.22 on Wednesday. The market was closed on Thursday for a public holiday.

Paris CAC-40: 4050.76 (-90.85)

French stocks extended their opening losses on Wall Street's drop and worries about Asia. "There certainly are worries about what's going on in Asia, but the market wasn't in a panic," one French share trader said.

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Milan Mibtel: 23,137 (-571)

Italian shares continued to show losses, in line with the rest of Europe, after US stocks opened weaker amid concerns that a recession in Japan could impact on US corporate earnings.