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Friday, May 8, 2009

The three principle indexes higher prepares to endorse clients to rouse the auto stocks higher

By Professional editor working for himfr.

European stock markets sealed higher on the 17th for the sixth consecutive week rows higher week, Citigroup and General Electric led the performance of advanced than in all prospect economic stocks rose, where auto stocks compressed higher the forceful performance of the index.

European Stoxx 600 index sealed higher 1.6% to 196.96 points, higher 4.7 per 100 this week, accumulated.

Due to the anticipated launch of the United Kingdom next week to boost buyers to replacement of vintage vehicles new vehicle inducements, auto constructor supplies directed pointed, Renault (Renault) increased 10.2 per hundred, Fiat (Fiat) profited 7.2%.

BNP Paribas (BNP Paribas), Barclays Bank PLC (Barclays), Deutsche Bank (Deustche Bank), the United Kingdom Lloyds TSB Bank (Lloyds TSB), Royal Bank of Scotland (RBS) and UBS (UBS) were 4.6-16.6% higher range.

In addition, Nokia (Nokia) announced first quarter profits fell 82 percent, in line with expectations, the company share price up 3.1 percent, and promote the development of telecommunications equipment manufacturers generally rose, Ericsson (Ericsson) rose 4.1%.

UK FTSE 100 catalogue increased 0.98 per hundred, to 4092.80 points; the German DAX 30 catalogue increased 1.46 per hundred, to 4676.84 points; the French CAC 40 catalogue increased 1.77 per hundred, to 3091.96 points. - 18762

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