MARKET REPORT - EUROPE

Weaker German debt markets and a flagging dollar undermined German shares but dealers were little concerned, saying the market…

Weaker German debt markets and a flagging dollar undermined German shares but dealers were little concerned, saying the market was taking a much needed breather. The index had risen as high as 2.476.09 points in prebourse trade before succumbing to the tumbling debt market.

Paris CAC-40: 2022.01 (-1.88)

French shares ended down after climbing for seven consecutive sessions. Dealers attributed the end of the rally to profit taking after an exceptionally strong week which saw large volumes traded.

Milan Mibtel: 10116 (+55)

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Shares in Milan finished mostly higher as buying of the FIB30 index futures contract from abroad revived interest in the cash market.