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European Stock Market Analysis.

Finance Wire

| September 27, 2005 | COPYRIGHT 2003 CQ Transcriptions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW

MELISSA FRANCIS, CNBC ANCHOR: Well, European markets are trading a little bit mixed this morning. For more on that, the stocks making news there, here is Will Armitage, he is a dealing director with IG Index and he joins us from London.

Good morning, thanks for joining us.

WILL ARMITAGE, DEALING DIRECTOR, IG INDEX: Good morning, Melissa.

FRANCIS: So Exxon (XOM) sliding on a downgrade, is that right?

ARMITAGE: Yes. It`s a contrasting story this morning. Oils have accounted for the (INAUDIBLE) the FTSE is reaching multi-year highs around 5,470. And it`s British …

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