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Here is how major stock markets outside the United States ended on Friday.

EUROPE STOCK EXCHANGE: European shares finished higher after data showed a pick-up in the US economy, encouraging some buying towards the end of trade and helping them recoup earlier losses due to earnings and inflation worries.

Chemicals, pharmaceuticals, utilities and telecoms sectors were among the leading performers, with BT, Vodafone, GlaxoSmithkline and E.ON the top blue chips. But the auto sector continued to be punished for waging a margin-eroding price war to seize market share, and investors sold down Peugeot and Renault in particular.

FRANKFURT STOCK EXCHANGE: The DAX index ended at 4,825.64 points, up 19.59 or 0.41 percent, a fall of 12.76 points since last Friday.

PARIS STOCK EXCHANGE: The CAC-40 index closed at 4,326.71 points, down 9.7 or 0.22 percent, 39.81 points lower on the week.

ZURICH STOCK EXCHANGE: The Swiss market index closed at 6,874.9 points, down 44.7 or 0.65 percent, up 23.29 points from seven days ago.

MILAN STOCK EXCHANGE: The All Share Mibtel index closed at 24,623 points, up 24 or 0.10 percent, down 236 points from last Friday.

SYDNEY STOCK EXCHANGE: Australian shares fell more than one percent, in-line with Wall Street's drop, with building products makers James Hardie and Rinker down sharply on fears of a slowdown in their key US market. The benchmark S&P/ASX 200 index fell 50.0 points, or 1.13 percent, to 4,383.0. It rose 18.7 or 0.4 percent on the week.

JOHANNESBURG STOCK EXCHANGE: The South African market tread water as investors withdrew after a volatile week. "It was very illiquid today," a trader said. The All-share index closed at 16,237.19 points, down 11.87 or 0.07 percent.

The index gained 621.17 points on the week. The All Gold index closed at 2,024.83 points, down 12.89 or 0.63 percent, up 31.59 points from last Friday, while the Industrial index closed at 11,790.63 points, down 13.97 or 0.12 percent, losing 370.3 points over the week.

Copyright Reuters, 2005


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