Europe Posts Modest Losses

European markets posted modest losses Friday with little economic and corporate news to give direction to the market. Yet, London FTSE 100 finished up 0.05%, supported by gains for the tobacco and energy sectors. Imperial Tobacco gained 2.3% and British American Tobacco rose 0.4%. The German DAX 30 lost 0.28%, while the French CAC 40 fell 0.18%.
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