German shares ended a relatively slow day slightly down as selective interest in sectors such as bank stocks failed to offset a weaker dollar. Traders expect activity today will depend on the outcome of the US Federal Reserve board meeting, at which market participants expect a US rate cut to be sanctioned.

Paris CAC-40: 2,003.13 (+22.45)

The Paris Bourse notched up a substantial gain as the CAC-40 index broke the 2,000-point level yesterday for the first time since last May. Analysts said the market had been encouraged by the measures announced by the French government yesterday to help sustain the economy, particularly the one-point cut in key interest rates. Milan Mibtel: 9,841 (+146)

The Milan stock market boomed, as investors felt optimistic about a resolution of the continuing Italian government crisis. Comments from a member of a minority party that the head of state was keen to avoid a snap election improved sentiment.