The holiday spirit keeps sales quiet

Frnnkfurt Dax: 2505.25 (-1.21)

Frnnkfurt Dax: 2505.25 (-1.21)

German shares ended the day lower as the holiday spirit weighed on sentiment and the IBIS DAX closed the day down, despite a stronger dollar and firmer German bonds.

Electronic trade on the IBIS DAX closed the day at 2,492.63 points, down 13.34 points or 0.53 per cent.

Paris CAC-40: 2146.79 (+16.01)

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French shares ended higher, after an easier start, ahead of today's public holiday, dealers said. A drop in Suez shares had depressed the index at the opening.

The bond and money markets and bullish domestic data in spired an afternoon rally in the CAC-index towards the 2,150 level but higher than expected US consumer confidence figures brought the share market down from its day highs.

Milan MIBTEL: 10550 (+122)

Italian shares ended firmed yesterday, boosted by the higher trend to bonds and the lira and scattered buying interest.