European
shares experienced slight gains on the last trading day for 2011, but closed
with significant yearly losses as European debt crisis hampered the region's
economies. Stoxx Europe 600 index added 0.9% to 244.57 on Friday
but was down 11.3% for 2011. Germany's DAX 30 index finished the day 0.8%
up at 5,898.35 but tumbled 14.7% on yearly basis. UK's FTSE 100 stock index
closed 0.1% higher at 5,572.28, however, finished last 12 months with a 5.6% drop. French
CAC 40 index had a daily advance of 1%, closing at 3,136.02, though still
remaining 17% down for 2011.
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