German shares uncertain ahead of this week's expected release of a key money supply report bowed to pressure from the weak German debt market and slumping dollar to close sharply down. Shares on the electronically traded IBIS DAX index were under pressure post bourse and closed the day down 36 points at 2,387.60.
Paris CAC-40 1939.74 (-12.76)
French shares closed lower in the wake of falling bond prices and the dollar and dealers expect the CAC index to test support at 1,910 and 1,890. Turnover was limited because US markets were closed for a public holiday. Investors expected to remain sidelined due to regional holidays in Germany today.
Milan MIBTEL 9367 (-187)
The Milan stock market nose dived in the wake of the announcement last Friday of Italian legislative elections in April. Traders said the market was nervous about the coming elections.
