MARKET REPORT - EUROPE

Frankfurt DAX: 2470.34 (+5.34)

Frankfurt DAX: 2470.34 (+5.34)

GERMAN shares ended a lacklustre day's trade slightly ahead, unsettled by a weak dollar and the suspension of one of its biggest stocks, insurer Allianz. Paris CAC-40: 1962.86 (-11.81)

French shares moved close to positive territory after Wall Street opened but then drifted to trade around eleven down. Caution prevailed in the face of a weak dollar and ahead of the release of a flurry of key US economic data next week.

Milan Mibtel: 9578 (+4)

Italian shares closed mixed after a see saw session. The market was fragile and volatile and was a prey to speculators on stock index futures.

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