Europe Stocks Rise

The Nikkei and Hang Seng also gain after Wall Street's gains overnight

European stock markets ended higher on Friday. London's Financial Times-Stock Exchange 100 gained 17 points, or 0.36%, to close at 4793.90. BSkyB (+3.34%) reported net direct-to-home subscriber growth of 62,000 in the first quarter for a total of 7.417 million subscribers, beating market expectations, and total revenue increased by 11% to 940 million pounds. BSkyB reiterated it remains on track to achieve its target of 8 million direct-to-home subscribers by December 2005. The company's results triggered rises elsewhere in the media sector, with WPP, ITV, Pearson, and United Business Media all higher.

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