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Thursday, August 10, 2006

Europe Stock Market Report 8/10/2006 Deutsche Telekom and British Air Fall Sharply

StocksL (BCS)(BP)(BAB)(BT)(PUK)(RTRSY)(BAY)(DCX)(DB)(DT)(SI)
(ALA)(FTE)(V)

European market were were off sharply at 5.40 AM New York time.

The FTSE was down 1.2% to 5,788. Barclays was off 1.4% to 635. BP was off 1.1% to 612.5. British Air was off 3.6% to 376 on news of a terrorist plot to blow up a plan between the UK and US. BT was off 2.6 % to 243. Prudential was off 1.1% to 550. Reuters was off 2.5% to 370.5.

The DAXX was off 2% to 5,595. Bayer was off .8% to 37.77. Daimler was off 1.3% to 39.6. Deutsche Bank was off 1.5% to 84.62. Deutsche Telekom was off 7.9% to 11.12. Siemens was off 1.5% to 62.14.

The CAC 40 was off 1.4% to 4,956. Alacatel was off 1.3% to 8.68. France Telecom was off 2.3% to 15.92. ST Micro was off 1.4% to 11.7. Vivendi was off 1.4% to 25.94.

Douglas A. McIntyre
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