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    August 30, 2007

    Utilities gain in Paris

    Filed under: Other, Deutsche Bank, Infineon, Agricole, Air France-KLM, Suez, Metro, Gaz de France, Lufthansa, STMicroelectronics, Alstom, Fresenius Medical Care, Air Liquide

    European equities markets were higher on the session.

    The FTSE Eurofirst 300 added 1.15 percent to 1,515.76.

    In Madrid, the IBEX gained 0.92 percent to 14,313.4, while the Dax was up 1.09 percent to 7,519.94 in Frankfurt and the Paris CAC-40 was 1.31 percent higher to 5,592.53.

    Utilities were up in Paris, with Suez (Euronet: SZE; NYSE: SZE) gaining 5.32 percent to €41 for the best performance on the CAC-40.

    Gaz de France (Euronext: GAZ) was right behind, adding 3.84 percent to €35.40.

    On the other hand, power generator and manufacturer Alstom (Euronext: ALO) dropped 0.05 percent to €128.96.

    The best performance on the Dax came from retailer Metro (FWB: MEO), which added 4.54 percent to €64.26.

    The semiconductors sector was higher.

    Infineon (FWB: IFX; NYSE: IFX) was up 2.9 percent to €11.02, while STMicroelectronics (Euronext: STM; NYSE: STM) was 3.72 percent higher to €12.65.

    Industrial gases groups gained ground as well.

    Air Liquide (Euronext AI) added 1.77 percent to €92.34 and Linde (FWB: LIN) gained 2.15 percent to €86.02.

    Airlines were mixed.

    Air France (Euronext: AF; NYSE: AKH) was up 2.7 percent to €29.71, but Lufthansa (FWB: LHA) fell 0.37 percent to €21.31. Banks were also mixed.

    Credit Agricole (Euronext: ACA) gained 2.31 percent to €2.31 to €27.51, while Deutsche Bank (FWB: DBK; NYSE: DB) was 0.12 percent lower to €89.89.

    Fresenius Medical Care (FWB: FREG) was the worst performer on the Dax, with a decline of 0.64 percent to €35.46.





    August 1, 2007

    Industrial gases groups mixed

    Filed under: Other, Volkswagen, BMW, Sanofi-Aventis, Suez, Metro, Gaz de France, Accor, Linde, Lufthansa, Mittal Steel, Vallourec, Air Liquide, Bouygues

    European markets also headed lower again Wednesday after Tuesday’s gains.

    The FTSE Eurofirst 300 dropped 1.54 percent to 1,526.07.

    In Frankfurt the Dax was 1.45 percent lower to 7,473.93, while the IBEX fell 1.46 percent to 14, 586.1 in Madrid and the Paris CAC-40 was down 1.68 percent to 5,654.3.

    Volkswagen (FWB: VOW; OTC: VLKAY) had the best day on the Dax, where it added 1.12 percent to €134.

    On the other hand, BMW (FWB: BMW) dropped 5.06 percent to €35.34.

    Other gainers in Frankfurt included industrial gases group Linde (FWB: LIN) was up 0.97 percent to €87.60, while in Paris Air Liquide (Euronext: AI) dropped 2.61 percent to €93.21.

    Lufthansa (FWB: LHA) added 0.73 percent to €20.83 and retailer Metro (FWB: MEO) was 0.65 percent higher to €57.56.

    There were only two gainers on the CAC-40, both related to the steel sector.

    Steel products manufacturer Vallourec (Euronext: VK) added 1.57 percent to €196.12, while Mittal Steel had the best day in Paris as it gained 2.21 percent to €46.74.

    The utilities sector was lower, with Gaz de France (Euronext: GAZ) 2.47 percent lower to €33.50 and Suez (Euronext: SZE; NYSE: SZE) down 2.57 percent to €37.97.

    Hotels operator Accor (Euronext: AC) fell 2.73 percent to €61.57, while in the pharmaceuticals sector Sanofi (Euronext: SAN; NYSE: SNY) was down 3.35 percent to €59.44.

    Conglomerate Bouygues (Euronext: EN), with interests in media, construction and telecommunications, was the worst performer on the CAC-40, dropping 4.13 percent to €56.70.





    July 10, 2007

    European markets in big declines

    Filed under: Other, Deutsche Bank, Infineon, BMW, Peugeot, Renault, Societe Generale, Linde, Unibail, Air Liquide

    European equities markets were substantially lower on Tuesday, with most major markets losing more than 1 percent during the course of the session.

    The FTSE Eurofirst 300 fell 1.06 percent to 1,608.25.

    In Madrid, the IBEX was 1.01 percent lower to 14,823.9, while the Dax dropped 1.39 percent to 7,964.76 and the Paris CAC-40 was down 1.4 percent to 6,019.22.

    The automobile manufacturing sector was lower, with carmakers taking the top loser spot on both the Dax and the CAC-40.

    In Frankfurt, BMW (FWB: BMW) fell 3.02 percent to €40.31, while in Paris Peugeot (Euronext: UG; OTC: PEUGY) was the biggest loser, dropping 3.81 percent to €62.95.

    Renault (Euronext: RNO) was also lower, falling 2.46 percent to €116.15.

    Banks also saw declines on the session, with Deutsche Bank (FWB: DBK; NYSE: DB) down 2.1 percent to €106.28 and Societe Generale (Euronext: GLE) at 2.11 percent lower to €135.01.

    The industrial gases sector saw gains, however.

    Linde (FWB: LIN) was 0.31 percent higher to €89.72, while Air Liquide (Euronext: AI) gained 0.64 percent to €96.84 on speculation that private equity firm KKR could be interested in making a bid.

    In the semiconductors sector, Infineon (FWB: IFX; NYSE: IFX) had the best day on the Dax as it climbed 0.39 percent to €12.97 on rumors that it, too, could be a takeover target.

    The best performer of the day in Paris was property investment group Unibail (Euronext: UL), which gained 0.81 percent to €187.20.





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