German shares remained mostly steady yesterday, being supported on the one hand by the stronger dollar but with dealers sceptical about the viability of further gains on the other. Trading volumes were thin with many players remaining on the sidelines at the start of a week shortened by a public holiday on Thursday.
Paris CAC-40: 2550.25 (+13.99)
French shares finished yesterday's trading higher, with analysts saying that investors were optimistic after a new opinion poll showed that the ruling right-wing coalition would likely win the forthcoming general election. A stronger dollar also encouraged trading, dealers said.
Milan Mibtel: 12075 (-102)
Italian shares closed mostly lower alter a weak, low volume trading day on the Milan market. Analysts said fading hope of an early interest rate cut weighed on sentiment, with traders also mulling over the outcome of first round municipal elections at the weekend.
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