STOCKS
JANUARY 26 2009 19:24h
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FRANKFURT - The DAX index ended at 4,326.87 points, up 147.93 or 3.54 percent.
LONDON - Banks helped catapult Britain's FTSE 100 to a 3.9-percent gain, as Barclays sky-rocketed after saying it would not need fresh capital. The FTSE 100 index closed up 156.54 points at 4,209.01, its biggest one-day jump since early December. The FTSE 100 closed at 4,209.01 points, up 156.54 or 3.86 percent.
EUROPE - European shares jumped, snapping a five-session losing streak, as a 73-percent surge in British bank Barclays boosted embattled financials, while oil shares tracked firmer crude prices.
The FTSEurofirst 300 index of leading European shares closed 3.2 percent higher at 784.66 points after falling in 12 of the previous 13 sessions. The DJ Stoxx banks index rose 7 percent.
Financial stocks spiked, with Lloyds jumping 32 percent, ING up 27.8 percent, Royal Bank of Scotland rising 19.8 percent, BNP Paribas up 16.9 percent and Societe Generale rising 11 percent.
FRANKFURT - The DAX index ended at 4,326.87 points, up 147.93 or 3.54 percent.
PARIS - The CAC-40 index closed at 2,955.37 points, up 106.23 or 3.73 percent.
ZURICH - The Swiss market index closed at 5,417.07 points, up 110.16 or 2.08 percent.
MILAN - The All Share Mibtel index closed at 14,185 points, up 369 or 2.67 percent.
TOKYO - Japan's Nikkei stock average hit a nearly three-month closing low in thin trade, sliding 0.8 percent on earnings concerns after Komatsu issued a profit warning and the dollar pared gains against the yen, sinking exporters. The closing low of 7,682.14 was the lowest since Oct. 28, when the Nikkei briefly fell to an intraday low of 6,994.90 -- a 26-year low.
HONG KONG - Hong Kong's stock, currency and debt markets will be closed from Monday to Wednesday for the Lunar New Year holidays and will reopen on Thursday, Jan. 29. The Hang Seng Index ended Friday's trade down 0.6 percent or 79.39 points at 12,578.60.
SYDNEY - Markets were closed on Monday for the Australia Day national holiday. The S&P/ASX 200 fell 144.1 points to 3342.7 on Friday.
JOHANNESBURG - South African shares jumped, bolstered by a higher gold price and a bounce on world markets that reversed days of losses, while the rand regained ground as the dollar dipped. The All-share index closed at 20,156.25 points, up 574.86 or 2.94 percent. The All Gold index closed at 2,585.48 points, up 222.24 or 9.40 percent, while the Industrial index closed at 15,639.51 points, up 212.51 or 1.38 percent.
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