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Market Update : 
Europe Rises on Sarkozy’s Victory
Author: Ivaylo Dagnev
123jump.com
Last Update: 6:45 AM EDT May 07 2007


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European markets opened higher on Monday, responding to gains in overseas markets, the election of Nicolas Sarkozy as next president of France and the sale of two education units by Reed Elsevier. There were holidays in several European countries and the U.K. stock market was shut, keeping volumes low. The French CAC 40 rose 0.2%, after the favored candidateof the market, the conservative Sarkozy, defeated Segolene Royal in a vote on Sunday, while the German DAX 30 rose 0.2%.

 

 

 
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