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    July 19, 2007

    Dax adds 1.24 percent on session

    Filed under: Other, BMW, Peugeot, ThyssenKrupp, EDF, SAP, STMicroelectronics, Siemens, Vinci, Pernod Ricard, Cap Gemini

    Equities markets in Europe were higher on Thursday, with the FTSE Eurofirst 300 rising 0.92 percent to 1,617.76.

    The IBEX added 0.99 percent to 15,207.3 in Madrid, while the Paris CAC-40 gained 1.16 percent to 6,065.5 and the Dax was 1.24 percent higher in Frankfurt to 7,991.21.

    The best performer on the Dax on the session was software group SAP (FWB: SAP; NYSE: SAP), which gained 6.06 percent to €40.14 after it reported that software licensing sales were up 18 percent in the second quarter.

    IT Services company Cap Gemini (Euronext: CAP) had the best day in Paris, adding 3.95 percent to €57.11.

    Other gainers on the session included STMicroelectronics (Euronext: STM; NYSE: STM), which was 2.14 percent higher to €14.34 and builder Vinci (Euronext: DG), which was up 2.13 percent to €57.19.

    Engineering group Siemens (FWB: SIE; NYSE: SI) gained 2.85 percent to €108.35, while in the steel sector ThyssenKrupp (FWB: TKA; LSE: THK) added 1.7 percent to €44.34.

    The automobile manufacturing sector was mixed, with Peugeot (Euronext: UG; OTC: PEUGY) up 2.29 percent to €63.10 but BMW (FWB: BMW) down 0.08 percent to €38.94.

    There were only two decliners on the CAC-40.

    Drinks maker Pernod-Ricard (Euronext: RI) dropped 0.04 percent to €164.53, while utility EDF (Euronext: EEN) fell 0.63 percent to €77.02.





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