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European shares mixed

European shares mixed

31/07/08 19:46 CET

corporate

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Europe’s stock market indexes ended the session mixed on Thursday as traders didn’t react well to the US growth and jobless benefit claims data.

French drugmaker Sanofi-Aventis fell after its quarterly sales and profit disappointed investors.

Results from UK telecoms group BT and consumer-products company Unilever caused their shares to slump.

Spanish utility Union Fenosa jumped after rival Gas Natural agreed to buy a stake in the company from ACS and then launched a full takeover bid.

Oil prices headed down again thanks to the economic growth situation in the US which is world’s top energy consumer.

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