Peugeot rose 1.5% after finding a replacement to Jean-Martin Folz, who already had said he is quitting.
Decliners
BHP Billiton shed 2.2%, while Xstrata lost 1.9%. Hypo Real Estate led the decline after its third-quarter results failed to beat expectations, despite a 25% rise in net profit. The shares fell 3.4%.
Truckmaker Scania declined too after German rival MAN appeared less likely to succeed in its bid for the Swedish company. Shares of Scania, which carry the majority of the voting rights, fell 2.9%.
Volkswagen, the biggest shareholder of Scania, was down 1.7% after Bernd Pischetsrieder, chief executive, unexpectedly announced his departure at the end of the year.
Oil and gold
Crude oil rose on trader and analyst speculation that U.S. heating oil inventories will drop with winter approaching in the Northern Hemisphere. Crude oil for December delivery advanced as much as 37 cents, or 0.6%, to $59.30 a barrel in after-hours electronic trading on the NYME. Brent crude oil for December settlement rose 25 cents to $58.73 a barrel on the London-based ICE Futures exchange.
Gold was trading in London at a $625.50 bid per troy ounce, down from $625.75 on Tuesday
Currencies
The U.S. dollar was lower against other major currencies in European trading Wednesday. The euro was quoted at $1.2792, up from $1.2771 Tuesday. The British pound was quoted at $1.9074, up from $1.9055. The dollar bought 117.55 Japanese yen, down from 117.68. |