STOCK MARKETS - THE WEEK REVIEWED
Sunday 25 May 1997
In London, the FT-SE 100 fell 32 points on the week - the first time in two months it has ended the week lower than it began. Trading was nervous in the first two days of the week ahead of the decision on US interest rates, but the index was helped by some excellent results from companies such as Land Securities and Carlton Communications.
In Germany, the DAX index rose 40 points on the week. The retailer Metro was the star, gaining 3.7 per cent on optimism about its results, which are due to be released this week. Exporters such as Bayer, Hoechst and Henkel rose as the dollar gained against the mark.
In France, the CAC index lost 0.8 per cent to 2,762.90. Gains early in the week drove it to a record high, but these were all wiped out on Thursday and Friday on nervousness ahead of the parliamentary elections. Copyright: IOS & Bloomberg
- 1 Universities aren't working us hard enough, say undergraduates
- 2 Lego letter from the 1970s still offers a powerful message to parents 40 years later
- 3 To help fuel their propaganda machine against the poor, our government has now decided to redefine the word 'welfare'
- 4 Woman opens professional cuddling shop – gets 10,000 customers in first week
- 5 Grayson Perry: London needs affordable housing because 'rich people don't create culture'
Oscar Pistorius terrorised Reeva before he shot her dead, says June Steenkamp
Audacious North Korean kidnap plot foiled at Paris airport as 'Asian men' attempted to bundle student onto plane
Heroin to be prescribed to Canadian addicts by doctors
Tower Bridge glass walkway 'smashed' by night-time visitor dropping bottle of beer
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
France 'blocks' Russian sailors from boarding a warship
Exclusive: UK approved £7m Israeli arms sales in six months before Gaza conflict
Rochester aftermath: Sacking of Emily Thornberry will make work of Labour MPs '10 times harder'
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