The FTSE Eurofirst 300 was 1.02 percent higher to 6,363.9 as European markets made gains on Thursday.

Madrid’s IBEX gained 0.7 percent to 14,077.8, the Dax added 0.84 percent to 7,535.97, and the Paris CAC-40 was up 1.05 percent to 5,565.97.

Steel-related shares were higher.

ThyssenKrupp (FWB: TKA; LSE: THK) gained 1.97 percent to €40.87, while Mittal Steel (Euronext: MT; NYSE: MT) was up 4.6 percent to €48.20.

ThyssenKrupp’s gains came after it said it has won a new elevators contract in London and after ABN Amro (Euronext: AAB; NYSE: ABN) raised the steel-maker’s target share price.

Meanwhile, steel products manufacturer Vallourec was the best performer on the CAC-40 as it added 4.82 percent to €191.26.

Utilities were higher.

RWE (FWB: RWE) was 1.37 percent higher to €81.73, while EDF (Euronext: EEN) gained 1.54 percent to €72.40.

In the media sector, Vivendi (Euronext: VIV) was up 2.17 to €29.70 and Lagardere (Euronext: MMB) added 4.65 percent to €60.31.

The best performance on the day on the Dax came from stock exchange operator Deutsche Boerse (FWB: DB1) which gained 3.33 percent to €81.07 after it said it would not buy into the London Stock Exchange.

On the negative side of the ledger, financial planner MLP (FWB: MLP) had the worst day on the Dax with a decline of 1.42 percent to €11.09.

The worst performance on the CAC-40 came from telecommunications group Alcatel-Lucent (Euronext: ALU; NYSE: ALU; TYO: 6687), which dropped 8.69 percent to €6.62.

Carmakers saw declines, with Peugeot (Euronext: UG; OTC: PEUGY) falling 0.75 percent to €55.70 and BMW (FWB: BMW) down 0.97 percent to €34.75.

The semiconductors sector was also lower.

Infineon (FWB: IFX; NYSE: IFX) dropped 0.42 percent to €11.76, while STMicroelectronics (Euronext: STM; NYSE: STM) was 2.98 percent lower to €12.06.

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.

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 saw declines for the second session in a row on Wednesday.

The major exception was Madrid’s IBEX, which added 0.16 percent to 14,937.7.

In Paris, the CAC-40 dropped 1.19 percent to 5,837.11, while the Dax was 1.46 percent lower to 7,692.55 in Frankfurt.

The FTSE Eurofirst 300 fell 0.92 percent to 1,571.04.

The biggest decliners on the day were in the semiconductors and engineering sectors.

Engineering group Siemens (FWB: SIE; NYSE: SI) was down 5.98 percent to €99.34 in Frankfurt after it sold its auto parts unit for a price that was lower than had been anticipated and said at the same time that it will purchase American medical diagnostic products manufacturer Dade Behring Holdings (NAS: DADE) for $7 billion, a price analysts say is too high.

Siemens’ decline came even though it reported that its net income was up by 54 percent in its fiscal third quarter from the same period last year.

In Paris, meanwhile, STMicroelectronics (Euronext: STM; NYSE: STM) dropped 6.42 percent to €12.83 after it reported losses for the quarter.

The biggest winner on the Dax was Fresenius Medical Care (FWB: FREG), which added 1.68 percent to €35.13 on news that the United States Congress is debating whether to expand Medicare dialysis coverage for senior citizens from 30 months to 42 months.

Meanwhile, media group Vivendi (Euronext: VIV) was the best performer on the CAC-40 with a gain of 1.51 percent to €32.27.

Carmakers were mixed on the session.

In Frankfurt, DaimlerChrysler (FWB: DCX; NYSE: DCX; TYO: 7663) added 1.81 percent to €67.15 after it reported profits that were higher than expected from its Mercedes unit.

On the other hand, Renault (Euronext: RNO) dropped 3.51 percent to €108.10 while Peugeot (Euronext: UG; OTC: PEUGY) fell 5.93 percent to €61.70 on profit-taking.

Truck manufacturer Man (FWB: EDF1) was also lower, dropping 2.45 percent to €106.07.

In Europe on Tuesday, the FTSE Eurofirst 300 added 0.4 percent to 1,4740.4, closing at its highest level since May 2001.

In the insurance sector, Munich Re dropped 2 percent to €128.50. Investors and analysts were not happy with its announced buyback plan, worth €1 billion, considering that the reinsurer has excess capital estimated to be in excess of €4 billion.

The European media sector saw declines on the session. Mediaset dropped 0.2 percent to €8.92 on a downgrade as it prepares to release its third-quarter report. Morgan Stanley reduced its rating on the Italian broadcaster from “overweight” to “equal-weight”. Vivendi fell 1.4 percent to €29.60 on the news that its sales in the third quarter were short of what had been anticipated. Growth of its music publishing division and in its French mobile unit was weak, as well.

Banks did well on the day. UBS added 1.1 percent to SFr76.55, while Credit Suisse gained 2 percent to SFr80.35. WestLB raised its target price on both banks, with UBS up from SFr82 to SFr86 and Credit Suisse up from SFr77 to SFr83. Deutsche Postbank was 4.6 percent higher to €61.90 on a third-quarter report that showed net profit up 16.7 percent, with interest income up almost 14 percent.

In the oil sector, Repsol was 2.6 percent higher to €27.76. JP Morgan reiterated its “underweight” rating on the Spanish company but raised its target share price from €21.50 to €23.50.