PARIS, April 8 (Reuters) – European stock markets remained positive in the morning, supported by the rally in energy stocks in the wake of the super-merger between Royal Dutch Shell and BG with the first who bought the second for $ 70 billion. At 12 Italian, BG jumps of 36.8% and, among other titles oil, Tullow halls of 10.68%, BP 3.2%, 1.3% and Repsol Total 1, 04%. At the same time the European Index FSTEurofirst300 earns 0.21% to 1615.68 after closing yesterday with a + 1.61%. The STOXX energy, depressed in recent times by the drop in oil prices, rises by 5%. “The industry was ripe for consolidation given the weakness in oil prices, we will see more takeovers in the coming weeks and months ahead,” said Andrea Tueni, trader at Saxo Bank. Yesterday the agreement from 4.4 billion euro between FedEx and TNT Express had boosted European shares and today the merger fever has shifted the industry average. Sky earns 3.6% after some sources said that the French Vivendi is thinking about a possible acquisition of the group’s pay-TV, which has a market value of 17.6 billion pounds. Among the various European markets, London + 0.57%, Frankfurt -0.4%, Paris +0.01%. Among the titles in evidence: The auto industry is losing ground today, in contrast, after some brokers have voiced doubts about the ratios of valuation of the fund. Peugeot sells 1.7%, BMW 1.8. More …
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