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    September 4, 2007

    Unibail adds 4.3 percent in Paris

    Filed under: Other, Deutsche Bank, Volkswagen, Peugeot, Renault, BNP Paribas, Societe Generale, Commerzbank, Suez, Gaz de France, Total, STMicroelectronics, Dexia, Unibail, Altana, Fresenius Medical Care

    European markets were higher on Tuesday.

    The FTSE Eurofirst 300 added 0.62 percent to 1,548.76.

    The IBEX was 0.3 percent higher to 14,590.1 in Madrid, while the Paris CAC-40 gained 0.38 percent to 5,672.72 and Frankfurt’s Dax was up 0.96 percent to 7,721.77.

    Property investment and management group Unibail (Euronext: UL) had the best day on the CAC-40, adding 4.3 percent to €185.40.

    Meanwhile, chemicals group Altana (FWB: ALT; NYSE: AAA) was the best performer on the Dax with a gain of 3.02 percent to €17.43.

    Banks saw gains.

    BNP Paribas (Euronext: BNP; TYO: 8665) was 1.2 percent higher to €78.30, while Commerzbank (FWB: CBK) gained 2.8 percent to €30.94.

    Societe Generale (Euronext: GLE) was up 1.21 percent to €121.97, Deutsche Bank (FWB: DBK; NYSE DB) added 2.92 percent to €94.16, and Dexia (Euronext: DEXB) was 2.86 percent higher to €20.89.

    Other gainers on the day included oil group Total (Euronext: FT; NYSE: TOT), which gained 0.98 percent to €55.37.

    In the semiconductors sector, STMicroelectronics added 1.64 percent to €13.02, while healthcare group Fresenius Medical Care (FWB: FREG) was 1.63 percent higher to €36.07.

    Carmakers were lower on the session.

    Volkswagen (FWB: VOW; OTC: VLKAY) had the worst day on the Dax, where it dropped 0.5 percent to €152.11, while Peugeot (Euronext: UG; OTC: PEUGY) put in the worst performance on the CAC-40 with a decline of 3.63 percent to €59.44.

    Renault also declined, falling 0.88 percent to €99.05.

    Utilities lost ground as weel, with Suez dropping 1.61 percent to €39.71 and Gaz de France ending at €35, a decline of 2.26 percent after the two said that they had agreed to new terms regarding their merger.





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