Updated from 7:02 a.m.

LONDON (The Deal) -- It's been a sad end to the year in European markets, with Paris and London down and Frankfurt deciding the best way to handle the gloom is to take the day off for New Year's Eve.

While London's resources-heavy FTSE 100 index has dipped more than 4.7% below its starting level for the year, both the CAC 40 in Paris and the DAX in Frankfurt are in the black for the year as a whole. The CAC 40 is up about 9.4% -- and more than 10% compared with Dec. 31, 2014 -- while the DAX had gained 9.6% in 2015 by Wednesday's close.

In London, the FTSE 100 is down 0.14% at 6,265.29, while in Paris the CAC 40 is down 0.22% at 4,666.77.

The big losers for the year: the oil and gas and related services industries, from the makers of pipes and valves to marine engineering and transport suppliers. Oil prices have scraped the bottom of the global barrel in 2015.

The commodities and mining industries as well as steel have been hit by the slowdown in China. Amsterdam-listed steel-maker ArcelorMittal (MT) - Get Report is down about 56% on the year at €3.95 per share (about $4.32).

On the bright side, European car makers, with the exception of scandal-rockedVolkswagen (VLKAY) , have all had a good year, motoring along to year-end prices well up on Jan 1. French auto-maker Peugeot (PEUGF) is up 58% on the year at €16.20 (though well below its summer peak of €19.71), while its French rival Renault (RNSDF) is up 55.6% on the year at €93.89.

In the U.K., the big supermarkets have all suffered from competition from the German discounters Aldi and Lidl, while their online offerings are now beginning to look threatened by moves into the food market by U.S. online giant Amazon (AMZN) - Get Report . Tesco (TSCDY) is down 20% on the year at 150.7 pence, although rival J. Sainsbury (JSAIY) is actually up 0.4% for the year at 256.3 pence.

In Tokyo, the Nikkei 225 closed up 0.27% at 19,033.71 -- up 1.9% on the start of the year -- while the Topix finished the day up 0.25% 1,547.30.

In Hong Kong, the Hang Seng was up 0.15% at 21,914.40, down 7% on a year ago. In mainland China, the Shanghai Composite Index finished the day down 0.94% at 3,539.182, but was actually up on the year by 9.4% -- a far cry from its June peak of 5,166. The tech-heavy Shenzhen index was down 1.81% on the day at 2,308.9, and up 6.3% year on year.