[R]7:00PM Frankfurt, Paris; 1:00 PM New York – European markets closed mixed after commodities priced declined in the region. In the absence of any economic reports investors awaited rate decision in the U.S. and ratings revision from brokerages affected trading in stocks.[/R]

In London FTSE 100 Index closed higher 1.53 or 0.03% to 5,144.13 in Paris CAC 40 Index decreased 17.84 or 0.51% to close at 3,458.53 and in Frankfurt DAX index lower 64.01 or 1.18% to close at 5,353.01. In Zurich trading SMI decreased 27.87 or 0.47% to close at 5,911.91.

Gainers & Losers

Adidas AG the sporting-goods maker rose 1.7% to €36.50 after Exane BNP Paribas reiterated rating “outperform.”

Alcatel Lucent SA added 5.1% to €3.16 after the company higher than expected operating earnings in the third quarter as reported by online publication Wansquare and noted on Bloomberg.

Air France-KLM added 1.1% to €12.87 an airline company said it will reduce its services to Dubai from 14 weekly flights to a daily service but will offset the reduction by introducing its A380 aircraft on the route, according to UK-based Business Traveller magazine.

Deutsche Postbank AG the financial services provider rose 1.4% to €23.87.

Eiffage SA dropped 1.5% to €45.29 after the construction company was downgraded to “underperform” from “in-line” at Cazenove.

Fresenius SE declined 3.6% to €37.92 after the kidney dialysis was downgraded to “sell” from “buy” at Citigroup.

JCDecaux SA the outdoor-advertising company fell 1.3% to €15.70.

Natixis SA the investment bank increased 2.3% to €4.03.

Poweo SA dropped 4.6% to €21.59 after the power utility reached in the first-half year 2009 a consolidated revenue of €264.9 million up 7% compared to the first-half year 2008. The Energy Management business line generated for the same periods respectively a positive contribution of €8.7 million against a loss of €0.9 million.

Q-Cells SE decreased 1.9% to €13.65 after the solar modules maker may take €100 million charge in write downs in the current the year. Conergy AG surged 5.8% to 91 euro cents after Handelsblatt reported that company may settle its dispute with MEMC Electronic Materials.

Rheinmetall AG decreased 1.0% to €38.45 after the engineering and defense contractor was downgraded to “neutral” from “buy” at UBS AG.

Volkswagen AG rose 1.3% to €113.41 after the carmaker said Leasing GmbH has set guidance on its planned €475 million issue of asset-backed securities. Guidance on the €457.5 million class A bonds is in the area of 115 basis points over one-month Euribor.

Europe Markets Review

In London FTSE 100 Index closed lower 3.23 or 0.06% to 5,139.37, in Paris CAC 40 Index decreased 1.73 or 0.05% to close at 3,821.79, in Frankfurt DAX index lower 7.33 or 0.13% to close at 5,702.05. In Zurich trading SMI increased 9.11 or 0.14% to close at 6,349.83.

DAX Index Movers

Merck KGaA led the decliners in the DAX index of 2.46% followed by losses in BMW AG of 2.39%, in Commerzbank AG of 1.82%, in Volkswagen AG of 1.70%, in Basf SEof 1.19%.

Infineon Technologies AG led gainers in the DAX index with a rise of 2.74% followed by increase in Deutsche Bank AG of 1.63%, in Metro AG of 1.53%, in Henkel AG & Co. of 1.49%, in Muenchener Rueckversicherungs-Gesellschaft AG.of 1.38%.

CAC-40 Index Movers