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Market Update : 
UBS, Deutsche Telekom in Fcous
Author: 123jump.com Staff
123jump.com
Last Update: 5:41 PM EDT May 05 2008


European markets closed unchanged in a quiet trading. Markets in UK were closed. Crude oil surged 3% on the continued worries related to Nigerian oil supply. Natural gas, crude oil and precious metals rebounded. Gold, Silver and several food commodities clossed higher. Deutsche Telekom is liklely to bid for Sprint. Deutsche Post said that it has met its first quarter operating profit target.

 

 

 

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