MARKET REPORT - EUROPE

Frankfurt Dax: 3547.84 (-88.58)

Frankfurt Dax: 3547.84 (-88.58)

A jittery German market ended the day 2 per cent lower with sentiment hit by a slide on Wall Street, vague uncertainty about the future of EMU, debt market weakness and impending elections in France.

Paris CAC-40: 2583.94 (+4.70)

French shares closed the Est trading before Sunday's election runoff with a slight gain after huge trading. Traders said that market was firmer after the CAC reached 2525, a level needed to settle May futures and options contracts.

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Milan MIBTEL: 12087 (-151)

Italian stocks slid to a lower close, depressed by the early fall on Wall Street, although the market was generally unmoved by the details of the government's three year economic plan.