European Stock Market Report 6/19/2006

Stocks: (BAA)(BEAS)(BCS)(BAB)(BP)(BT)(DEO)(PUK)(RTRSY)(UN)(UL)(VOD)(BF)
(BAY)(DCX)(DB)(DT)(SAP(SI)(ALA(AXA)(FTE)(TMS)(V)

European exchanges opened higher.

Th FTSE was up 1% to 5,652 at 5.30 AM New York time. BAA was flat at 929. BEA Systems was up 1.4% to 357.75. Barclays was up .8% to 604.5. BP was up .6% to 602.5. British Airways was up 1.8% to 360.25. BT was up 1% to 225.5. Diageo was up .9% to 908. GlaxoSmithKline was up 1% to 1470. Prudential was up 1.2% to 560. Reuters was down .5% to 359. Unilever was up .5% to 1137. Vodafone was was up .9% to 115.5.

The DAXX was up 1.4% to 5,449. BASF was flat at 59.71. Bayer was down .1% to 33.17. DaimlerChrysler was up .7% to 37.51. Deutsche Bank was up .5% to 82.66. Deutsche Telekom was down .3% to 12.47. SAP was up 2.7% to 164.55. Siemens was up 7.9% to 67.77.

The CAC 40 was up 1% to 4,741. Alcatel was up 2.4% to 9.9. AXA was up 1.6% to 24.38. France Telecom was up .1% to 16.96. L'Oreal was up 1.7% to 69.2. ST Micro was up 2.3% to 12.54. Thomson was up .3% to 13.39. Vivendi was up .6% to 27.1.

Douglas A. McIntyre