Friday, May 25, 2007

European Stocks Drop, Led by Bouygues, Gas Natural; OMX Shares Surge

(Bloomberg) -- European stocks dropped for a second
day after higher than forecast economic growth in the U.K. and an
increase in German consumer confidence fueled concern central
banks will lift interest rates.

Bouygues SA, the world's second-biggest construction
company, and Gas Natural SDG SA, Spain's largest natural-gas
supplier, paced declines by those most sensitive to higher
borrowing costs. OMX AB had the biggest rally in more than four
years after Nasdaq Stock Market Inc. agreed to buy Europe's
fifth-largest equity market.


Read more at Bloomberg Stocks News

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