Author: Elena Todorova
123jump.com
Last Update: 1:39 PM EDT June 08 2007

European stock markets closed lower Friday for a fifth consecutive session, pressured by continuous worries about the impact of higher interest rates. The downward trend was bucked by 1.5% rise in the shares of BNP Paribas which gained amid takeover speculations. Vodafone was among advancers for a second day in a row, moving up 1%. The U.K. FTSE 100 finished unchanged at 6,505.10, the German DAX Xetra 30 fell 0.4%, and the French CAC-40 slipped 0.1%.