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Markets & Finance

Canada Shares Inch Higher at Close

Canada's benchmark S&P/TSX fell 23.93 points, or 0.37%, to 6,521.00

European stocks finished higher. In London, the FTSE index added 88.60 points, or 2.47%, to 3,678.70. Paris' CAC-40 index ticked up 21.12 points, or 0.74%, to 2,884.62. In Frankfurt, the DAX index climbed 92.9 points, or 3.5%, to 2,725.88, even though Germany's unemployment rate climbed to a 4 1/2-year high of 10.3% in January.

In Asia, stocks finished mixed. Japan's Nikkei 225 index added 64.95 points, or 0.77%, to 8,549.85. Telecom stocks surged following news that Japan Telecom is in talks to sell its fixed-line operations to U.S. fund Ripplewood Holdings LLC and other buyers.

Hong Kong's benchmark Hang Seng lost 72.24 points, or 0.78%, to 9,180.47.

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