Europe Stock Market Report 8/3//2006 BMW,Unilever Sink

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

Europe markets were off fairly sharply at 5.30 AM New York time.

The FTSE was down .6% to 5,895. Barclays was up .8% to 632.5 on strong earnings. BP was down 1.1% to 644. British Air was down 1.5% to 383. BT was up .2% to 236.75. GlaxoSmithKline was down .6% to 1426. Prudential was down 1% to 568. Reuters was down .5% to 386. Unilever was down 4.3% to 1233. Vodafone was down .4% to 115.5.

The DAXX was off 1.1% to 5,620. Allianz was up .3% to 123.59. BASF was down 1.2% to 61.63. Bayer was off 1.7% to 27.45. BMW was down 2% to 39.13. Daimler Chrysler was down 1.3% to 39.21. DeutscheBank was off 1.3% to 87.1. Deutsche Telekom was off .6% to 12.13. SAP was off 1.4% to 140.48. Siemens was off 1.6% to 62.41.

The CAC 40 was off .6% to 4,997. Alcatel was off .4% to 8.6. AXA was down .2% to 27.35. France Telecom was off .8% to 16.5. Renault was off .7% to 85.5. ST Micro was off .9% to 11.52. Thomson was off 2.4% to 12.78. Vivendi was down .4% to 26.39.

Douglas A. McIntyre