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Market Update Analysis: 
Energy Prices Lift Europe
Author: Elena Todorova
123jump.com
Last Update: 12:35 PM EDT June 23 2006



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European stocks closed near the unchanged mark as rally in the energy sector partly offset concerns over economic growth and global interest rate increases. The French Total rose 2.4%, Royal Dutch Shell advanced 1.4% on upgrade from Deutsche Bank, and gas explorer BG Group climbed 2.7%. The German DAX 30 ended down 0.1%, the French CAC 40 rose 0.3%, and London FTSE added 0.1%.

 

 

 

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