Canada Shares Close Higher
Canada's benchmark TSE 300 spent the day in positive territory and closed up 42.3 points to 7,731.00 Industrials finally enjoyed a positive day, and led 11 of the 14 subindices higher. A continued sell off in the oil sector was a drag. On the week, the TSE 300 is down a net 51 points (0.7%). Standard & Poor's Marketscope says there's a risk for another negative week.
European markets finished higher, even though buying was tempered by the latest bus bombing in Jerusalem. In London, the Financial Times-Stock Exchange 100 index was up 23.60 points, or 0.46%, to 5,161. In France, the CAC 40 added 26.75 points, or 0.60%, to 4,468.29. And in Germany, the DAX Index gained 23.35 points, or 0.45%, to 5,186.31, after a new report showed German Retail Sales fell 1.5% in February.
In Asia , the markets ended lower. The Nikkei was plunged 184.29 points, or 1.65%, to 10,962.98, dragged down by telecom shares. In Hong Kong, the market lost 34.43 points, or 0.32%, to 10,710.48.