car makers make buyont prospects in Europe

European equities make rapid advancements in the gone week.This can make signalling device to US earnings. The FTSE Eurofirst -300 gained 1.9% to 1,045.47 its sixth consecutive advance as the index nearer to its mid-june high.German carmaker BMW jumped 8.3% to euro 42.13 after it released profit fore-
cast because of improved business conditions.Daimler climbed 5.4% to euro 42.81 while rival Volkswagen gained 5.2% to euro 77after JP morgan raised its price budget on the stock. Renault added 4.2% to euro 35.28 while Peugot rose to 5.3% to euro 24.37.Xetra Dax of Germany rose 1.9% to 6,191.13 as the inf-
luential Zew survey of German investment professional showed an increase in positive sentiment in its current
conditions index to 14.6points.After Zew data industrials rose-Man rose 3.6% to 74.95 euro Thyssenkurup
gained 3.5% to a 3 week high of 22.26pound. In sweden the OMX index soared 3% to 1061.10 after one
of the country's biggest bank -SEB beat profit forecast in the second quarter rising 4.9% to skr 48./75 .
Nordea Bank rose 3.8% to skr 72.50 while sweed bank added 4.4% to skr 82.25.Greece's Athens general
index surged 2.6% to 1,567.4 after the public management agency sold 1.63 billion euro of treasuries.
Sector bell wether ,Nation Bank of Greece added 4% to euro 10.24 .
In the property,Ireland's ISE index gained 2.2% to 2,963.06 as banking stocks rose.Allied Irish bank  added
3.4% to euro 0.94 while Bank of Ireland rose to euro 0.76