Thursday, January 1, 2009

European markets close slightly higher


European markets close slightly higher
01-01-2009

European stock markets closed firmer in the final trading session of the year. London's FTSE 100 index of leading shares was up 0.94 percent at 4,434. In Paris, the CAC 40 index inched up 0.03 percent to 3,271 points. The Frankfurt market was closed for the year-end holidays. Despite the slight improvement, the London market is down more than 30 percent over the year, and France and Germany have fared even worse.

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