Author: Elena Todorova
123jump.com
Last Update: 1:51 PM EDT July 30 2007

European stock markets closed mixed Monday after a volatile session. Stocks were supported by gains in the chemicals sector and strong earnings which managed to offset continuous credit market concerns. ICI rose 7.2% after it rejected a second all-cash offer from Dutch chemicals group Akzo Nobel. Germany closed up 0.1% at 7,456.31, France ended unchanged and the U.K.''s fell 0.2% to 6,206.10.