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Market Update : 
Utilities and Techs Boost Europe
Author: Elena Todorova
123jump.com
Last Update: 1:19 PM EDT May 31 2007

European stock markets gained ground on Thursday, posting solid gains which managed to offset the steep declines of the previous trading session. Utilities led gainers, with Germany’s E.On rising 4.1%. Again in the sector, shares of German RWE rose 3%, while Scottish & Southern added 0.9% in London on strong full-year profit growth. The German DAX 30 increased 1.5%, the French CAC-40 rose 1%, while the U.K.''s FTSE 100 advanced 0.3%.

 

 

 
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