Asia Stocks End Mixed on SARS Fears
In Asia, stocks finished mixed. Worries about SARS and its effect on business, continued to weigh. Japan's Nikkei 225 index finished Monday's session down 91.62 points, or 1.19%, at 7,607.88. Losses in bellwether issue Sony paced declines. Meanwhile, Hong Kong's benchmark Hang Seng index added 26.03 points, or 0.31%, to 8,435.04.
European stock markets finished higher, buoyed by gains in U.S. markets. London's FTSE index finished up 70.10 points, or 1.81%, to 3,940.30. The biggest contributors to the advance in the FTSE included HSBC Holdings, BP-Amoco, Barclays, Lloyds, Royal Bank of Scotland, and Vodafone. In Frankfurt, the DAX index added 115.69 points, or 4.08%, to 2,953.92. Siemens, E.ON, Allianz, Deutsche Bank and DaimlerChrysler were among the issues leading the way higher. In Paris, the CAC 40 index finished higher by 82.83 points, or 2.89%, to 2,949.57.
Canada's benchmark S&P/TSX rose 26.97 points, or 0.41%, to 6,548.66.