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Market Update : 
Oil Weighs in London
Author: Elena Todorova
123jump.com
Last Update: 12:48 PM EDT May 08 2006


European stocks closed mixed as declining oil prices helped markets in Germany and France but weighed on commodity-sensitive London FTSE 100. The German DAX 30 rose 0.25%, the French CAC 40 reversed from a 4 ½-year high reached earlier in the session to close down 0.1%, while the U.K.’s FTSE 100 fell 0.4% as gas company BG Group and oil giants BP and Royal Dutch Shell weighed.

 

 

 

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