DJ MARKET TALK: Alternative Energy Stocks Up On Conergy 3Q

11/13/06 - Dow Jones Newswires

1105 GMT [Dow Jones] German alternative energy stocks are profiting from Conergy's (CGY.XE) 3Q figures, says trader, adding "the figures didn't include any negative surprises." This is a positive indicator for the sector's upcoming quarterly reports, he adds. Furthermore the sector is profiting from the democrats winning the recent US election, trader points out. Due to the outcome investors expect increased support for alternative energy, he notes. Conergy +5.3% at EUR37.86. ErSol (ES6.XE) +1.5% at EUR47.65. Q-Cells (QCE.XE) +3% at EUR34.19. Solarworld (SWV.XE) +3.6% at EUR48.71. Solon (SOO1.XE) +1.2% at EUR28.08. (MPT/JAS)

 
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(END) Dow Jones Newswires

November 13, 2006 06:05 ET (11:05 GMT)

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