European markets declined on Friday, hurt by bank troubles in the UK.

The FTSE Eurofirst 300 was 1.07 percent lower to 1,508.11. The Paris CAC-40 dropped 0.49 percent to 5,538.92 and the Dax was down 0.51 percent to 7,497.74 in Frankfurt, while Madrid’s IBEX fell 1.54 percent to 13,861.

Banks on the continent were lower, with Commerzbank (FWB: CBK) leading the losers on the Dax with a decline of 4.05 percent to €27.20.

BNP Paribas (Euronext: BNP; TYO: 8665) dropped 1.5 percent to €73.72 and Societe Generale (Euronext: GLE) was 2.22 percent lower to €113.50.

IT services group Cap Gemini (Euronext: CAP) was the worst performer on the CAC-40 as it fell 3.93 percent to €41.51.

In the retail sector Metro (FWB: MEO) was 2.25 percent lower to €61.67, while Carrefour (Euronext: CA) dropped 1.28 percent to €48.47.

Air carrier Lufthansa (FWB: LHA) was down 1.81 percent to €19.51.

Gainers on the session included utilities.

Eon (FWB: EOA; LSE: EON; NYSE: EON) added 0.76 percent to €126.27, while RWE (FWB: RWE) gained 0.83 percent to €82.52.

Suez (Eurofirst: SZE; NYSE: SZE) was up 1.41 percent to €38.84, EDF (Eurofirst: EEN) was 1.93 percent higher to €73.80, and Gaz de France advanced 2.26 percent to €34.34.

Manufacturer and power generator Alstom (Euronext: ALO) had the best day on the CAC-40 with a gain of 2.37 percent to €143.32.

Carmakers were mixed on the session.

Volkswagen (FWB: VOW; OTC: VLKAY) added 0.28 percent to €152.32, but Renault (Euronext: RNO) dropped 1.42 percent to €92.76.

The FTSE Eurofirst 300 was 0.84 percent lower to 1,482.25 as European markets declined on Monday.

In Paris the CAC-40 fell 0.8 percent to 5,386.43, while the Dax dropped 0.82 percent to 7,375.44 in Frankfurt.

Madrid’s IBEX was 1.06 percent lower to 13,726.3. Banks led both the CAC-40 and the Dax.

HypoVereinsbank (FWB: HVM) added 0.62 percent to €40.82 in Frankfurt, while in Paris Dexia (Euronext: DEXB) was up 1.27 percent to €20.79.

Energy-related shares were higher.

Oil company Total (Euronext: FP; NYSE: TOT) gained 0.22 percent to €54.54, while utility Eon (FWB: EOA; LSE: EON; NYSE: EON) was 0.56 percent higher to €119.69 and power generator Alstom (Euronext: ALO) was up 0.87 percent to €127.79.

The car and truck manufacturing sector was mixed.

Volkswagen (FWB: VOW; OTC: VLKAY) gained 0.39 percent to €150.04 and Peugeot (Euronext: UG; OTC: PEUGY) added 0.63 percent to €56, but truck maker Man (FWB: EDF1) dropped 1.45 percent to €98.66.

Retailers were mixed as well, with Metro (FWB: MEO) 0.61 percent higher to €60.61 but Carrefour (Euronext: CA) down 1.78 percent to €46.99.

The steel sector was lower on the session.

ThyssenKrupp (FWB: TKA; LSE: THK) was 2.02 percent lower to €39.77 and Mittal Steel (Euronext: MT; NYSE: MT) fell 2.9 percent to €45.13, while steel products manufacturer Vallourec (Euronext: VK) was down 2.89 percent to €176.84.

Bouygues (Euronext: EN), with interest in both media and construction, was the worst performer on the CAC-40 as it fell 2.97 percent to €44.17.

In a related sector, construction materials group Lafarge (Euronext: LG; NYSE: LR) was down 1.49 percent to €105.90. Meanwhile, financial planners MLP (FWB: MLP) had the worst day on the Dax with a drop of 2.11 percent to €11.18.

European markets were higher again Friday, helped by talk of a plan to allow the US Federal Housing Authority to guarantee loans for delinquent subprime mortgage holders so that they can refinance their loans at better rates and avoid foreclosure, on the theory that the plan will help relieve chaos in the mortgage marked and improve consumer confidence.

The FTSE Eurofirst 300 was up 1.12 percent to 1,532.34. Madrid’s IBEX added 1.16 percent to 14,479.8, while the CAC-40 gained 1.25 percent to 5,662.7 and the Dax was 1.57 percent higher to 7,638.17.

In the retail sector, luxury goods group PPR (Euronext: PPR) had the best day on the CAC-40 as it added 4.14 percent to €126.90.

The top spot on the Dax, meanwhile, was taken by chipmaker Infineon (FWB: IFX; NYSE: IFX), which gained 3.72 percent to €11.44 after US computer maker Dell (NAS: DELL; SEHK: 4331) reported strong results.

Other gainers included engineering group Siemens (FWB: SIE; NYSE: SI), which was 2.47 percent higher to €91.93.

Utilities were mixed.

Suez (Eurofirst: SZE; NYSE: SZE) added 1.8 percent to €41.74, while Eon (FWB: EOA; LSE: EON; NYSE: EON) gained 2.48 percent to €123.17 and Gaz de France (Euronext: GAZ) was up 3.95 percent to €36.80.

On the other hand, EDF (Euronext: EEN) was 0.75 percent lower to €74.12.

There were only two other losers on the CAC-40 on the session.

Retailer Carrefour (Euronext: CA) fell 1.5 percent to €51.37, while media group Vivendi (Euronext: VIV) had the worst day on the CAC-40 with a decline of 1.74 percent to €30.01 on slow earnings growth.

Retailer Metro (FWB: MEO) was the worst performer on the Dax with a delcine of 1.01 percent to €63.44.

European markets were higher Wednesday after Tuesday’s losses.

The FTSE Eurofirst 300 was up 0.47 percent to 1,497.28.

In Frankfurt, the Dax gained 0.12 percent to 7,439.18.

Madrid’s IBEX added 0.42 percent to 14,183.6, while the CAC-40 was up 0.84 percent to 5,520.02 in Paris.

Hotels operator Accor (Euronext: AC) was the best performer on the CAC-40, adding 5.86 percent to €62.91 on first half profits that were more than double and on the announcement of a stock buyback worth €500 million.

Airline Lufthansa had the best day on the Dax, gaining 3.29 percent to €21.28. Retailers saw gains.

German retailer Metro (FWB: MEO) was up 2.9 percent to €61.36, while Carrefour (Euronext: CA) added 3.39 percent to €52.14. The car and truck manufacturing sector was mixed.

In Paris, Peugeot (Euronext: UG; OTC; PEUGY) dropped 0.34 percent to €60.70 and Renault (Euronext: RNO) was the worst performer on the CAC-40 as it fell 2.34 percent to €97 after its CEO said that “unprecedented” growth would be needed if it is to meet its goals for 2009.

In Germany, however, Daimler Chrysler (FWB: DCX; NYSE: DCX; TYO: 7663) was up 0.9 percent to €63.26 after it raised its profits forecast and announced a stock buyback that could be worth as much as €7.5 billion.

Truck maker Man (FWB: EDF1) was 1.16 percent higher to €101.45.

Utilities declined on the session, with EDF (Euronext: EEN) 0.05 percent lower to €73.90 and Eon (FWB: EOA; LSE: EON; NYSE: EON) down 0.54 percent to €118.60.

European markets were mixed Tuesday.

The FTSE Eurofirst 300 was 0.15 percent lower to 1,479.61.

While the Dax and the CAC-40 were higher, by 0.23 percent to 7,424.75 and by 0.36 percent to 5,418.78 respectively, Madrid’s IBEX fell 0.21 percent to 14,239.8.

Credit Agricole (Euronext: AGA) was 0.26 percent lower to €27.82, while Spain’s Banco Santander (IBEX-35: SAN; NYSE: STD; LSE: BNC) dropped 0.5 percent to €13.39, Deutsche Bank (FWB: DBK; NYSE: DB) fell 0.81 percent to €92.38, Banco Bilbao (IBEX-35: BBVA; NYSE: BBV) was down 1.1 percent to €16.80 and Dexia (Euronext: DEXB; Euronext: DX) dropped 1.76 percent to €19.59 for the worst performance of the day on the CAC-40.

Utilities were also lower.

EDF (Euronext: EEN) was down 0.66 percent to €70.40, while Eon (FWB: EOA; NYSE: EON; LSE: EON) fell 1.14 percent to €117.47. Power generator Alstom (Euronext: ALO) was 0.15 percent lower to €122.19.

The oil sector was down as oil prices fell as Hurricane Dean seemed to become less of a threat to Gulf of Mexico oil facilities.

Total (Euronext: FP; NYSE: TOT) dropped 0.4 percent to €52.47, while Repsol (IBEX-35: REP) was 0.8 percent lower to €26.03.

Car and truck makers were mixed.

While Volkswagen (FWB: VOW; OTC: VLKAY) added 2.09 percent to €150.74, Renault (Euronext: RNO) fell 0.64 percent to €94.29 and Man (FWB: EDF1) was down 0.89 percent to €94.17.

The best performance on the day on the Dax came from drug maker Bayer (FWB: BAY; NYSE: BAY; TYO: 4863), which added 3.82 percent to €56.72 on continuing rumors that Novartis (NYSE: NVS) is about to make an offer.

Air France had the best day on the CAC-40 with a gain of 3.66 percent to €28.30.

The retail sector saw gains in Paris.

Luxury goods retailer PPR (Euronext: PP), whose subsidiaries include Gucci, was 1.12 percent higher to €115.73, while Carrefour (Euronext: CA) added 1.65 percent to €48.79.

Most European markets were also lower again on Friday.

The main exception was the IBEX, which was 0.23 percent higher to 14,574 in Madrid.

The FTSE Eurofirst 300 dropped 0.54 percent to 1,519.59. In Paris the CAC-40 was 0.55 percent lower to 5,643.96, while the Dax fell 0.76 percent to 7,451.68 in Frankfurt.

The best performance on the session on the CAC-40 came from chipmaker STMicroelectronics (Euronext: STM; NYSE: STM), which added 1.44 percent to €12.66.

Elsewhere in the semiconductors sector, Infineon (FWB: IFX; NYSE: IFX) was also higher, gaining 0.41 percent to €12.26.

The Dax saw Volkswagen (FWB: VOW; OTC: VLKAY) rise to the top with a gain of 4.91 percent to €125.40.

There were other gains in the automobile manufacturing sector as Renault (Eurnoext: RNO) was up 0.37 percent to €103.26 and Peugeot (Euronext: UG; OTC: PEUGY) added 1.17 percent to €59.75.

Not all carmakers were higher however, as BMW (FWB: BMW) dropped 2.71 percent to €35.77.

In a related sector, tire maker Michelin (Euronext: ML) had the worst day on the CAC-40 as it fell 3.72 percent to €90.08.

The worst performance on the Dax came from retailer Metro, which dropped 2.99 percent to €56.39.

Not all retailers saw declines, however, as Carrefour (Euronext: CA) added 0.62 percent to €51.64.

The media sector was mixed.

Vivendi (Euronext: VIV) added 0.29 percent to €31.53, while Lagardere (Euronext: MMB) was down 1.92 percent to €59.34 and Bouygues (Euronext: EN), which has interests in both media and construction, fell 2.09 percent to €57.61.

Another construction group, Vinci (Euronext: DG), was 0.49 percent higher to €52.86.

Most European markets were higher on Monday.

The FTSE Eurofirst 300 was 0.58 percent higher to 1,609.07.

In Madrid, the IBEX added 0.85 percent to 15,056.7, while the CAC-40 gained 0.87 percent to 6,009.16 in Paris and the Dax was 0.88 percent higher to 7,944.21 in Frankfurt.

Carmakers saw gains, with DaimlerChrysler (FWB: DCX; NYSE: DCX; TYO: 7663) up 2.73 percent to €66.82 ahead of its second quarter report.

Peugeot (Euronext: UG; OTC: PEUGY) added 1.78 percent to €65.10 after a broker raised its target share price.

On the other hand, truck manufacturer Man (FWB: EDF1) dropped 0.31 percent to €107.20.

In a related sector, tire maker Michelin (Euronext: ML) had the best day on the CAC-40 as it gained 2.75 percent to €104.73.

Meanwhile, the best performer on the Dax was software group SAP (FWB: SAP; NYSE: SAP), which was 2.85 percent higher to €41.07 on rumors that it could be a target of private equity.

In energy-related sectors, utility Suez (Euronext: SZE; NYSE: SZE) was up 1.42 percent to €41.40, while power generator Alstom (Euronext: ALO) gained 1.52 percent to €136.59.

In the oil sector, Total (Euronext: FP; NSYE: TOT) added 1.82 percent to €60.55.

The worst performances of the day came from Infineon (FWB: IFX; NYSE: IFX), which was 0.62 percent lower in Frankfurt to €12.87, and property company Unibail (Euronext: UL), which dropped 1.75 percent to €184.86 in Paris.

Other decliners included chemical group Altana (FWB: ALT; NYSE: AAA), which was 0.34 percent lower to €17.61.

IT services group Cap Gemini (Euronext: CAP) fell 0.55 percent to €55.64, while in the retail sector Carrefour (Euronext: CA) was down 0.19 percent to €53.26.

Equities markets declined for a second straight day in Europe on Wednesday, but losses were not as steep as they were on Tuesday.

The FTSE Eurofirst 300 was 0.28 percent lower to 1,602.41. In Paris the CAC-40 fell 0.3 percent to 6,001.09, while the IBEX was down 0.39 percent to 14,766.2 in Madrid.

Meanwhile, the Dax was 0.83 percent lower to 7,898.54 in Frankfurt.

There was, in fact, only one gainer on the session on the Dax as pharmaceuticals and chemicals group Bayer (FWB: BAY; NYSE: BAY; TYO: 4863) added 1.43 percent to €55.39.

The best day in Paris came for hotels operator Accor (Euronext: AC), which gained 5.27 percent to €72.96 on rumors that it could be a bids target.

In the retail sector, Carrefour (Euronext: CA) was 0.9 percent higher to €53.89 after it reported strong sales.

Carmakers were lower on the day, hurt by the strength of the euro.

BMW (FWB: BMW) had the biggest loss of the day on the Dax as it dropped 1.61 percent to €39.73, while DaimlerChyrsler (FWB: DCX; NYSE: DCX; TYO: 7663) fell 1.55 percent to €67.45.

Truck maker Man (FWB: EDF1) was 1.44 percent lower to €110.28.

Banks were lower in Paris, with BNP Paribas (Euronext: BNP; TYO: 8665) down 0.91 percent to €85.80.

Elsewhere in the sector, Credit Agricole (Euronext: ACA) dropped 0.92 percent to €29.11 and Societe Generale (Euronext: GLE) was 0.95 percent lower to €133.73.

The worst performer on the day in Paris was power generator Alstom (Euronext: ALO), which fell 1.87 percent to €125.03.

In Europe, equities markets were lower on Thursday on interest rate concerns.

While the European Central Bank held interest rates at 4 percent, as had been expected, investors are worried that rates could go up again soon.

The FTSE Eurofirst 300 dropped 0.61 percent to 1,610.24. The IBEX was 0.55 percent lower in Madrid to close at 14,907.4, while the Paris CAC-40 fell 0.63 percent to 6,059.53 and the Dax was down 1.09 percent to 7,987.13 in Frankfurt.

There were only four gainers in Paris on the session, with retailer Carrefour (Euronext: CA) having the best day with a gain of 2.81 percent to €54.23.

Others seeing gains included aerospace group EADS (Euronext: EAD; FWB: EAD) up 0.21 percent to €24.10.

Drug maker Sanofi-Aventis (Euronext: SAN; NYSE: SNY) gained 0.44 percent to €61.44, while power generator Alstom (Euronext: ALO) added 0.89 percent to €128.03.

In Frankfurt, financial planner MLP (FWB: MLP) performed best on the session as it added 0.52 percent to €15.44, while retailer Metro (FWB: MEO) gained 0.41 percent to €62.01.

The biggest losers on the day in both Pairs and Frankfurt were in the utilities sector.

In Frankfurt, Eon (FWB: EOA; LSE: EON; NYSE: EON) dropped 2.38 percent to €121.51, while EDF (Euronext: EEN) was 3.7 percent lower in Paris, to €77.52.

Insurers had a tough day of it as well. AXA (Euronext: CS; NYSE: AXA) was 1.23 percent lower to €32.12, while Allianz (FWB: ALV; NYSE: AZ) dropped 1.76 percent to €171.21.

European markets saw gains on Tuesday. The FSTE Eurofirst 300 added 0.8 percent to 1,612.5. In Madrid, the IBEX was 0.44 percent higher to 14,869.4, while the CAC-40 in Paris gained 0.71 percent to 6,069.84. The Dax was up 1.16 percent to 8,050.68 in Frankfurt.

Carmakers were mixed in Europe. Peugeot (Euronext: UG; OTC: PEUGY) was 2.09 percent higher to €61.14, while Renault (Euronext: RNO) added 2.69 percent to €121.38 and Volkswagen (OTC: VLKAY) gained 2.99 percent to €120.55. On the other hand, BMW (FWB: BMW) dropped 0.22 percent to €40.34.

In related news, German truck maker and engineering group Man (FWB: EDF1) had the best day on the Dax, adding 4.14 percent to €111.97.

The worst performance of the day on the Dax came from software group SAP (FWB: SAP; NYSE: SAP), which dropped 2.11 percent to €37.10 after it admitted that one of its units had made “inappropriate downloads” from rival software group Oracle (NAS: ORCL).

Retailers did well in Paris. Carrefour (Euronext: CA) had the best day on the CAC-40, adding 3.09 percent to €53.09, while luxury goods retailer PPR (Euronext: PP) did almost as well, gaining 2.94 percent to €131.47.

Air France (Euronext: AF; NYSE: AKH) saw the biggest loss of the day on the 40, dropping 1.72 percent to €33.75.