Canada Shares Post Losses
Canada's benchmark TSE 300 index finished Thursday's session with a loss of 35.6 points, or 0.45%, to 7,828.60, in choppy trading. Despite the rally in the price of crude, the Oil subindex, along with the Industrials, led 8 of the 14 subindexes lower.
European markets finished mixed. In London, the Financial Times-Stock Exchange 100 index lost 10.60 points, or 0.20%, to 5,261.40. The biggest contributors to the decline in the index included BP Amoco, GlaxoSmithKline and AstraZeneca. In France, the CAC 40 was up 23.07 points, or 0.51%, to 4,546.84. In Germany, the DAX Index added 39.89 points, or 0.76%, to 5,285.88, on short covering and bargain hunting.
In Asia, the markets ended on the upside. The Nikkei gained 153.51 points, or 1.34%, to 11,568.82, led by market heavyweight IT-related shares. In Hong Kong, the market was up 86.20 points, or 0.77%, to 11,303.70.