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Foreign markets round-up: European indexes down; Asia Pacific mixed

Posted Jul 11th 2008 8:10AM by Brian WhiteBrian White RSS Feed
Filed under: International Markets, Citigroup Inc. (C)


Citigroup decided to sell its German retail banking division to France's Credit Mutuel for $7.7 billion as the financial behemoth continues reeling from the mortgage loan mess. In addition, analysts speculated that the European-region probably shrank for the first time since the single-currency Euro was formed almost 10 years ago.

In Japan, Shinsei Bank agreed to buy General Electric's consumer financing arm for $5.4 billion as GE continues to seek the sale of non-core operating units, such as its global appliance business months ago.

Below is a foreign market review for this morning:

European markets:
  • The Dow Jones Euro Stoxx 50: at 2,819.21, down -14.51 (-0.51%)
  • The FTSE 100 Index: at 5,391.40, down -15.40 (-0.28%)
  • The DAX 30: at 6,234.31, down -70.69 (-1.12%)
  • The S&P/MIB Index: at 28,590.00, down -181.00 (-0.63%)
Asia/Pacific markets:
  • Singapore Straits Times: closed at 2,926.84, up 25.26 (0.87%)
  • Nikkei 225 Average: closed at 13,039.69, down 27.52 (0.21%)
  • The S&P/ASX 200 Index: closed at 4,979.90, up 42.50 (0.86%)
  • Hang Seng Index: closed at 22,184.25, up 362.77 (1.66%)

Tags: DJIA, Forex, Hang Seng, HangSeng, MSCI, Nikkei

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Last updated: February 13, 2012: 01:32 PM

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