Europe shares flat in early trade, oils gain

European shares were littlechanged early on Friday, as weaker drugmakers and food companiesoffset oil stocks that were boosted by record high crude prices,and investors waded into more corporate results. At 0724 GMT, the FTSEurofirst 300 index was up 0.02percent at 1,567.36, adding to 1.1-percent gains in the previoussession. Oil stocks were the best performers, benefiting from oilprices hitting fresh highs. U.S. crude struck a recordabove $92 per barrel, lifting BP 1 percent, Royal DutchShell 1.2 percent and Total 1 percent. Around Europe, Britain's FTSE was up 0.4 percent,Germany's DAX gained 0.1 percent and France's CAC 40 put on 0.2 percent.

REUTERS

26 de outubro de 2007 | 18h32

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