International markets roundup

A roundup of trading on major world markets:

NEW YORK - Wall Street stocks have closed a holiday-shortened week slightly lower following a mixed US jobs report and as investors awaited Greece's weekend referendum over its economic fate.

The Dow Jones Industrial Average dropped 27.80 points (0.16 per cent) to 17,730.11 on Thursday.

The broad-based S&P 500 inched down 0.64 (0.03 per cent) to 2,076.78, while the tech-rich Nasdaq Composite Index shed 3.91 (0.08 per cent) at 5,009.21.

The US Labor Department reported that the US economy added a solid 223,000 jobs in June. However, the report also said hourly earnings were flat compared with May and cut the estimates for job growth in April and May.

LONDON - Europe's main stock markets closed mixed amid tepid US jobs data, and ahead of Greece's weekend referendum on its bailout.

London's FTSE 100 index ended up 0.33 per cent to 6,630.47 points compared with Wednesday's close, buoyed in part by oil giant BP's 4.47 per cent jump on news it agreed to settle US federal and state claims worth up to $US18.7 billion ($A24.47 billion) over the 2010 Gulf of Mexico spill.

In eurozone trading, Frankfurt's DAX 30 ended 0.73 per cent lower at 11,099.35 points and in Paris the CAC 40 lost 0.98 per cent in value to finish at 4,835.56 points.

In foreign exchange trade, the euro rose to $US1.1101 from $US1.1053 late in New York on Wednesday.

HONG KONG - Asian markets tracked global stocks higher on hopes for a deal to keep Greece in the eurozone as the country prepares for a crucial weekend referendum, but Shanghai tumbled again despite authorities relaxing trading rules to temper recent volatility.

Sydney put on 1.53 per cent, or 84.14 points, to close at 5,599.80 and Seoul gained 0.45 per cent, or 9.44 points, to 2,107.33. Hong Kong closed 0.12 per cent higher, adding 32.29 points to 26,282.32.

Shanghai suffered another afternoon sell-off to plunge 6.4 per cent at one point, extending Wednesday's more than five per cent slump as investors brushed off the latest measures to temper a sell-off that has put the index into bear territory.

However, the benchmark recovered marginally to end 3.48 per cent, or 140.93 points, down at 3,912.77 - it has now lost a quarter of its value since hitting a June 12 peak.

WELLINGTON - The S&P/NZX 50 Index rose 47.11 points, or 0.8 per cent, to 5841.46.


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