Saturday, April 19, 2008

European stocks advance

European stocks advanced today, paced by chemical makers and phone companies, namely the world`s largest fertilizer maker Yara International and Europe`s third-largest phone company TeliaSonera. Drugmaker Novartis also rose in early trade.

UK`s benchmark index, FTSE 100 advanced 4.40 points, or 0.07%, to trade at 5,985.10.

French benchmark index, CAC 40 gained 36.19 points, or 0.74%, to trade at 4,898.33.

Germany`s benchmark index, DAX added 49.17points, or 0.74%, to trade at 6,731.75.

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