MARKET REPORT - EUROPE

Frankfurt DAX: 2525.64 (-12.51)

Frankfurt DAX: 2525.64 (-12.51)

Shares ended trade lower, dragged down by profit taking before the weekend as the lacklustre dollar undermined sentiment.

Steel group Thyssen held centre stage, dropping over 2 per cent in bourse trade after Berlin prosecutors issued arrest warrants for its chief executive and several senior managers in a fraud probe.

Paris CAC-40: 1989.54 (-7.88)

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French stocks closed lower on the weakness in the franc, which hit a fresh four month low, and nervousness about upcoming corporate results.

Milan Mibtel: 9531(-131)

Italian shares fell further to end just off session lows depressed by a weaker lira and futures in a thin market left cold by a slightly higher Wall Street.