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European Stocks Trade Higher At Mid-Day Dealings |
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7:34 AM ET October 03 2005 |
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European markets advanced at mid-day dealings on the back of high merger-and-acquisition activity with two U.K. pharmacy chains announcing a merger deal, and talk that Telefonica is interested in acquiring the Dutch telecom KPN On the first day of the fourth quarter the German DAX 30 rose 0.4%, the French CAC 40 gained 0.5%, while London’s FTSE 100 added 0.4%. The euro traded at $1.1922.
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