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Europe ends mixed
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November 6, 2000: 12:41 p.m. ET
BA soars in London; retail, auto, financial stocks drag down Paris, Frankfurt
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LONDON (CNNfn) - Europe's major bourses ended mixed Monday as broad gains from airline and oil shares led London higher while Paris and Frankfurt dipped as investors sold defensive stocks in the retail and auto sectors.
 London's FTSE 100 index rose 0.7 percent to 6,431.0, led by British Airways (BAY) and British Sky Broadcasting (BSY).
In Paris, the CAC 40 blue-chip index fell 0.7 percent to 6,352.24, with cosmetics maker L'Oréal (POR) and retailer Carrefour (PCA) sinking.
 click here for the biggest movers on the ftse 100 in London
 click here for the biggest movers on the dax 30 in Frankfurt
 click here for the biggest movers on the cac 40 in Paris
Frankfurt's electronically traded Xetra Dax advanced 8.03 points, or 0.11 percent, to 7,136.30 as auto and financial losses tempered tech share gains.
The pan-European FTSE Eurotop 300, a broader index of the region's largest stocks, was little changed at 1,647.06. The telecom component was down 1.2 percent.
 In the currency market, the euro slipped to 85.70 U.S. cents from 86.68 cents in New York trading late Friday. The euro earlier had hit 87.30 as the European Central Bank's intervened in the market again Monday to prop up the ailing currency. The ECB's previous double bout of intervention Friday failed to resurrect the currency, which is shared by 11 European Union nations.
In the U.S., the Nasdaq composite index was down 0.2 percent, while the Dow Jones industrial average was 1.5 percent higher in midday trade.
British Airways (BAY) soared 6.4 percent in London. Europe's biggest airline said second-quarter profit more than doubled, beating analysts' expectations as it carried more passengers paying premium fares. The airline also outlined plans to sell Go, its low-cost airline.
British Sky Broadcasting (BSY), Europe's second-biggest pay-TV company, climbed 5.3 percent, extending Friday's gain, after reporting it was on track to increase its customer numbers to 7 million by 2003.
Among other media stocks on the move, music publisher EMI Group (EMI) rose 1 percent. British newspaper Sunday Business said privately owned German media and music titan Bertelsmann wanted to combine its music business with EMI. French broadcaster TF1 (TFI) shed 2.2 percent.
Oil shares rally on Lasmo deal
Outside the FTSE 100, oil exploration and production company Lasmo (LSMR) jumped more than 24 percent after U.S. rival Amerada Hess (AHC: Research, Estimates) agreed to buy it for about £2.4 billion ($3.5 billion) in cash and stock. U.K.-based competitor Enterprise Oil (ETP) climbed 5.5 percent.
 FTSE oil heavyweights also were higher, with Shell Transport & Trading (SHEL) up 2.4 percent and BP Amoco (BP-) 1.2 percent higher. France's TotalFina Elf (PFP) fell 2.1 percent as the firm mulled how to react to U.S. power firm AES Corp.'s (AES: Research, Estimates) plan to buy 80 percent of Gener in a deal that could thwart TotalFina's own bid for the Chilean power producer.
Aerospace and defense company BAE Systems (BA-) rose 1.6 percent. European aircraft maker Airbus Industries, which is 20 percent owned by BAE, said it won an order worth $3.5 billion from CIT Aerospace (CIT: Research, Estimates) for 35 A320 planes and 15 wide-body A330s.
In France, L'Oréal (POR) lost 4.6 percent after hitting a year high Friday. Carrefour (PCA) sank 3.1 as weak hypermarket sales data fueled fears that the retailer would post disappointing sales for October.
Fellow retailer Pinault-Printemps-Redoute (PPP) also slumped 3.3 percent while
Telecoms tumble
France Telecom (PFTE) ended down 1.5 percent. Wanadoo (PDOO), the company's separately listed Internet service unit, said nine-month revenue amounted to  760 million ($659 million). Wanadoo shares dropped 3.5 percent, after earlier rising after the revenue announcement.
Among other telecom operators, Britain's largest mobile phone operator, Vodafone (VOD), was down 4 percent while telecom and construction firm Bouygues (PEN) dropped 1.4 percent in Paris.
Dutch network service provider Equant (PEQU) was the CAC-40's strongest gainer, rising 3.3 percent ahead of its third-quarter earnings report, which is due after the market closes.
 Among tech shares, German chipmaker Infineon rose 2.6 percent while electrical component maker Epcos advanced 2.4 percent. Europe's largest software firm, SAP (FSAP), rose 2.1 percent. French information technology consultant Cap Gemini (PCAP) rose 2.6 percent.
British asset manager Schroders (SDR) gained 4.9 percent in London, while French bank BNP Paribas (PBNP) fell 1.5 percent. Germany's Deutsche Bank (FDBK) lost 0.8 percent. Reinsurer Munich Re (FMUV) shed 1.2 percent and insurer Allianz (FALV) was down 0.6 percent.
British food and drinks firm Allied Domecq (ALLD) rose 4.5 percent after newspapers reported it is in talks with Russian owners of Stolichnaya vodka to buy distributions rights for the brand.
Drug maker AstraZeneca (AZN) rose 5.1 percent, SmithKline Beecham [SB-] added 2.8 percent and Glaxo Wellcome (GLXO) advanced 1.9 percent.
DaimlerChrysler (FDCX) fell 1.9 percent while Volkswagen, Europe's biggest carmaker, edged up 1 percent. French rival Renault (PRNO) shed 2.4 percent after Japanese partner Nissan Motor fell over 4 percent after the newspaper Yomiuri Shimbun reported that a company manual suggested it may have hidden consumer complaints about its vehicles. 
-- from staff and wire reports
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