LONDON - Britain's top share index fell as concerns over the euro zone's $1 trillion rescue package, monetary tightening in China and political uncertainty in the UK hit investor sentiment. The FTSE 100 closed at 5,334.21 points, down 53.21 or 0.99 percent.

@MARKET ROUNDUP:EUROFIRST

EUROPE - European shares slipped over doubts the massive rescue plan which boosted stocks in the previous session was a long-term solution and whether Greece can deliver budget deficit cuts.

The pan-European FTSEurofirst 300 index of top shares closed down 0.4 percent at 1,035 points after jumping 7.4 percent on Monday on euphoria over the euro zone's $1 trillion rescue package.

@MARKET ROUNDUP:EUROmarkets

FRANKFURT - The DAX index ended at 6,037.71 points, up 19.8 or 0.33 percent.

PARIS - The CAC-40 index closed at 3,693.2 points, down 27.09 or 0.73 percent.

ZURICH - The Swiss market index closed at 6,509 points, up 27.05 or 0.42 percent.

MILAN - The FT IT All Share index closed at 21,445.97 points, down 101.35 or 0.47 percent.

@MARKET ROUNDUP:nikkei

TOKYO - Japan's Nikkei average slipped 1.1 percent, as euphoria over a $1 trillion package to prevent the spread of Europe's debt crisis dissipated and as Mizuho Financial fell on news of a big share offering. The Nikkei fell 119.6 points to 10,411.1.

@MARKET ROUNDUP:hang seng

HONG KONG - Shares in Hong Kong and Shanghai fell as a global rally in response to a $1 trillion deal to resolve Europe's debt crisis quickly lost steam, prompting investors to take profits on sharp gains seen the previous day. The Hang Seng index fell 280.1 points or 1.4 percent to 20,146.5 points, giving back roughly half of Monday's advance.

@MARKET ROUNDUP:asx

SYDNEY - Australian stocks slid 1.1 percent, wiping out early gains as investors began to fret about the cost and implementation of a massive plan designed to prevent sovereign debt default in the euro zone. The S&P/ASX 200 index lost 51.7 points to close at 4,547.98.

@MARKET ROUNDUP:south africa

JOHANNESBURG - South African stocks and rand dipped on continuing jitters around the euro zone debt crisis but the losses were tempered by a higher gold prices that boosted miners. The All-share index closed at 27,513.98 points, down 147.63 or 0.53 percent. The All Gold index closed at 2,511.5 points, up 124.47 or 5.21 percent, while the Industrial index closed at 21,760.71 points, up 64.78 or 0.3 percent.