Around the World's Markets: Paris

STOCKS ended a choppy session of diminished liquidity slightly lower. The CAC-40 index closed down 0.32 per cent at 4,052.32 in volume of 1.6 billion euros.

Eurotunnel closed 17.7 per cent higher on a combination of bid speculation combined with talk that the company may continue to buy back debt. Energy engineering group Technip rose 13.55 per cent after better than expected 1998 results and it forecast a 50 per cent increase in earnings per share within three years.