Market Report - Europe

Frankfurt DAX: 4032.97 (+32.49)

Frankfurt DAX: 4032.97 (+32.49)

German shares ended post-bourse computer trading in negative territory as a weaker Wall Street and dollar erased the market's earlier gains, dealers said. The IBIS DAX index, reflecting all-day computer trading, ended at 3983.06, having been as high as 4,046.70 earlier in the session.

Paris CAC-40: 2977.18 (-1.19)

French shares were the least hit by the general jitters, with losses limited by a firmer dollar tone and a hostile takeover bid by businessman, Mr Francois Pinault's holding company Artemis for financial group Worms.

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Milan Mibtel: 15229 (+154)

Italian shares closed near their highs, with sentiment supported by mounting hopes of lower interest rates.