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Market Update : 
Nokia, Allianz Lead Europe Higher
Author: Elena Todorova
123jump.com
Last Update: 1:48 PM EDT June 20 2007

European stock markets finished in the positive on Wednesday, with German stocks reaching a record high, boosted by strength among technology and insurance stocks. Nokia advanced 1.8% after it unveiled a new corporate structure. Infineon Technologies was another gainer in the tech sector, moving up 1.8%. Among insurance stocks, Allianz rose 2.1% amid deal speculations. The German DAX 30 advanced 0.7%, the French CAC-40 gained 0.4%, while the U.K. FTSE 100 edged lower to close at 6,649.30.

 

 

 
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