LONDON - Britain's top shares index shed 1.3 percent laid low by weaker banks, as euro zone debt contagion concerns intensified. The FTSE 100 closed at 5,341.93 points, down 69.18 or 1.28 percent.

@MARKET ROUNDUP:EUROFIRST

EUROPE - European stocks closed lower, as sentiment was soured by the threat of a growing debt crisis in the euro zone, offsetting positive results from InBev and a rise in US private sector jobs.

Some nerves were rattled after ratings agency Moody's Investors Service put its credit rating for Portugal on a three-month review, and a senior Moody's analyst said that as a result, a downgrade of the Aa2 credit rating is now likely. The pan-European FTSEurofirst 300 index of top shares closed 1 percent lower at 1,023.41 points, ending at a two-month low for the second straight session.

@MARKET ROUNDUP:EUROpean markets

FRANKFURT - The DAX index ended at 5,958.45 points, down 48.41 or 0.81 percent.

PARIS - The CAC-40 index closed at 3,636.03 points, down 53.26 or 1.44 percent.

ZURICH - The Swiss market index closed at 6,448.49 points, down 39.93 or 0.62 percent.

MILAN - The FT IT All Share index closed at 20,983.45 points, down 271.57 or 1.28 percent.

@MARKET ROUNDUP:nikkei

TOKYO - The Japanese stock market was again closed for a public holiday, Children's Day. On Friday, the last day of trading, the Nikkei gained 132.61 points to close at 11,057.40.

@MARKET ROUNDUP:hang seng

HONG KONG - Hong Kong shares fell to a nine-week low as investor risk aversion was revived on growing concerns over Greece. The Hang Seng Index ended down 2.11 percent or 435.51 points at 20,327.54, heading for its biggest single-day percentage fall in more than two weeks.

@MARKET ROUNDUP:asx

MELBOURNE - Australian stocks fell 1.3 percent, following global stocks lower on worries over the European debt crisis, with the banking sector leading the losses. The S&P/ASX 200 index slid 63.1 points to 4,674.0. The 1.3 percent decline was the biggest percentage loss since April 19.

@MARKET ROUNDUP:south africa

JOHANNESBURG - South African stocks extended losses, hitting a two-month low as investors continued to dump riskier assets on concern about the fallout from Greek debt. The All-share index closed at 27,616.68 points, down 319.17 or 1.14 percent.