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Market Update : 
Takeover News Lift Banks in Europe
Author: 123jump.com Staff
123jump.com
Last Update: 3:03 PM EDT July 16 2007


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European markets closed higher across the region, but a fraction. RBS raised its cash portion of the offer for ABN Amro for 11% higher offer than from Barclays. Spain led the region with a gain of 0.6%. Germany traded at a intra-day high. U.K. fell after largest platinum miner reported that the production will decline 14% this year. Lonmin declined 7%.

 
Wheat futures closed down 0.75 cent to $6.2075.
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