Most European markets were lower again on Friday, with IBEX again the notable exception with a gain of 0.15 percent to 15,529.7.
The FTSE Eurofirst 300 dropped 0.56 percent to 1,564.44, while the CAC-40 was down 0.46 percent to 5,740.48 in Paris and the Dax was 0.47 percent lower to 7,884.12 in Frankfurt.
The biggest gainer on the Dax was Volkswagen (FWB: VOW; OTC: VLKAY), which added 1.1 percent to €177.98.
Truck maker Man (FWB: EDF1) was 0.86 percent higher to €123.11.
Both are still up on bids rumors.
Elsewhere in the sector, however, Peugeot (Euronext UG; OTC: PEUGY) was down 2.4 percent to €56.63 and Renault (Euronext: RNO) was 2.42 percent lower to €106.05.
Some banks were lower on the resurgence of worries about the credit markets.
BNP Paribas (Euronext: BNP; TYO: 8665) dropped 1.25 percent to €75.67 and Commerzbank (FWB: CBK) fell 2.24 percent to €30.08. Insurers also saw declines.
Axa (Euronext: CS; NYSE: AXA) was down 1.31 percent to €30.08, while Allianz (FWB: ALV; NYSE: AZ) was 2.39 percent lower to €155.73.
Steel products manufacturer Vallourec (Euronext: VK) added 1.13 percent to €209.66 on rumors that Russia’s Gazprom (RTS: GAZP; MICEX: GAZP; LSE: OGZD) is interested in buying a stake in Vallourec from Groupe Bollore (Euronext: BOL), a holding company with interestes in logistics, paper, and plastics.
The best performer on the CAC-40 was aerospace and defense group EADS (Euronext: EAD; FWB: EAD) with a gain of 3.6 percent to €23.86.