Frankfurt Dax: 3754.22 (-33.55)

German shares remained weak in after hours trading as profit taking and Wall Street selling took their toll on the market. The weaker dollar weighed down on the market and there was little in the way of corporate news to drive the market upwards.

Paris CAC-40: 2762.20 (+5.10)

The Paris market rallied toward the end of the session to move out of negative territory and post a modest gain as the CAC 40 index finished at 2762.20 points, up 0.18 per cent from the Friday close. Financial circles expect a rosy near term future on the Bourse thanks to signs of improvement in European economies and to the dollar's firmness, which helps exporting companies.

Milan MIBTEL: 13317 (+132)

Italian shares closed sharply higher to set a new closing high, ignoring the weak performances on international stock markets, driven up from early lows on a wave of general euphoria. The buying came from both domestic and overseas investors, despite 24 stocks going exdividend on the day.