30.05.2008 11:57

European stock markets are trading higher Friday

Continental European equity bourses are trading higher Friday, with airline and carmakers underpinned by fall in crude oil prices. WTI Nymex crude oil is at $125.30, -$1.32. However, FTSE-100 is underperforming given it is heavily weighted in commodity stocks, which currently seem to be out of favour. CAC-40 is up 24pts (+0.48%), Xetra-DAX is up 47pts (+0.67%) and FTSE-100 is down 2 ticks at (-0.04%).






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