Europe Stock Market Report 7/18/2005

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

European stocks were off in early trading at 5.45 AM New York time.

The FTSE was off .6% to 5,668. BEA Systems was off .7% to 329. Barclays was off .3% to 587. BP was off 1.5% to 630.5. British Air was up 1.2% to 348.25. BT was off 2.3% to 225. GlaxoSmithKline was up .1% to 1480. Prudential was down 1.4% to 544. Reuters was off .4% to 353.25. Unilever was up .3% to 1191. Vodafone was down 1.1% to 110.25. Xtrata was off 2.9% to 1929.

The DAXX was down down .5% to 5,391. Allianz was down .8% to 114.93. BASF was up .4% to 61.02. Bayer was down .3% to 35.75. BMW was down .7% to 37.79. DaimlerChrysler was down .8% to 37.26. DeutscheBank was down .4% to 83.08. Deutsche Telekom was down .6% to 12.02. SAP was down .2% to 147.42. Siemens was down .5% to 62.44.

The CAC 40 was off .4% to 4,730. Alcatel was down 1.3% to 8.66. AXA was down .1% to 24.36. France Telecom was down .9% to 16.1. ST Micro was up .6% to 11.75. Thomson was down .2% to 12.11. Vivendi was up 2.3% to 25.89.

Douglas A. McIntyre