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    September 6, 2007

    Total, Infineon lead CAC-40, Dax

    Filed under: Other, Infineon, ThyssenKrupp, Suez, Gaz de France, Total, STMicroelectronics, Mittal Steel, Vallourec, Adidas-Salomon, Saint-Gobain

    Most European markets were higher on the session after the European Central Bank voted to keep interest rates at 4 percent.

    Madrid’s IBEX, however, dropped 0.29 percent to 14,198.4.

    The FTSE Eurofirst 300 was 0.17 percent higher to 1,525.2.

    In Frankfurt, the Dax added 0.44 percent to 7,621.72, while the CAC-40 was up 0.45 percent to 5,576.62 in Paris.

    The best performer on the day on the CAC-40 was in the oil sector, where Total (Euronext: FP; NYSE: TOT) gained 1.75 percent to €55.69.

    The first spot on the Dax went to Infineon (FWB: IFX; NYSE: IFX), which was 5.03 percent higher to €12.10.

    Also in the semiconductors sector, STMicroelectronics (Euronext: STM; NYSE: STM) was up 1.33 percent to €12.96.

    Utilities were mixed.

    While Suez (Euronext: SZE; NYSE: SZE) added 0.83 percent to €39.08, Gaz de France (Euronext: GAZ) was 0.83 percent lower to €34.02.

    The steel sector was also mixed on the session.

    Mittal Steel (Euronext: NT; NYSE: MT) was up 0.86 percent to €48.03, but ThyssenKrupp (FWB: TKA; LSE: THK) dropped 0.31 percent to €41.70.

    Meanwhile, steel products manufacturer Vallourec (Euronext: VK) was also lower as it fell 0.97 percent to €189.21.

    The biggest loser on the day on the Dax was sportswear and sporting goods group Adidas-Salomon (FWB: ADS), which dropped 0.78 percent to €42.97.

    The worst performance on the CAC-40 came from manufacturer Saint-Gobain (Euronext: SGO), with a decline of 1.3 percent to €75.42.





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