International markets roundup
Market watch top headlines
SYDNEY, Feb 12 AAP
February 12 2013, 06:31AM
A roundup of trading on major world markets:
NEW YORK - US shares pulled back in opening trade after reaching five-year peaks in light trade on Friday.
Little direction was seen in the market, with traders "waiting to be moved by something", said Patrick O'Hare of Briefing.com.
Five minutes into trade on Monday the Dow Jones Industrial Average was down 31.06 points, or 0.22 per cent, at 13,961.91.
The S&P 500 index fell 2.01 points, or 0.13 per cent, to 1,515.92.
The tech-rich Nasdaq Composite Index lost 2.87 points, or 0.09 per cent, at 3,191.00.
Google shares fell 0.8 per cent to $US779.30 after the company revealed on Friday that chairman Eric Schmidt plans to sell 3.2 million of his "A" shares in the company, currently worth $US2.5 billion ($A2.4 billion), over the next year.
LONDON - European stock markets were mixed and the euro advanced against the US dollar as eurozone finance ministers met in Brussels after last week's EU budget deal.
Supermarkets were in focus on Monday as a Europe-wide food fraud scandal over horsemeat sold as beef deepened over the weekend as Romania denied responsibility and suspicions of criminal activity mounted.
London's FTSE 100 index of leading companies gained 0.21 per cent to close at 6,277.06 points, while Frankfurt's DAX 30 slid 0.24 per cent to 7,633.74 points, and Paris's CAC 40 was flat at 3,650.58 points.
HONG KONG - Asian markets were closed for the lunar new year.
WELLINGTON - The benchmark NZX 50 Index fell 5.21 points, or 0.1 per cent, to 4220.50.