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Danish shares TFN at a glance outlook


Published :
Fri, 08 Jun 2007 07:52
By : Agencies
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COPENHAGEN (Thomson Financial) - Shares are expected to open slightly lower, extending previous losses this week after Wall Street closed down overnight, dealers said.

Yesterday, the OMXC20 index closed 9.69 points lower at 478.61 and the OMXCB Benchmark index fell 10.16 points to 462.40.

The OMXC All Share index closed 10.15 points lower at 466.14 on turnover of 6.99 bln dkr.

FORTHCOMING EVENTS

Today

-Nothing expected

Monday

-Danish May balance of payments

COMPANY NEWS

-DS Torm, Teekay now own over 90 pct of shares in US shipping group OMI and will thus complete acquisition announced on April 18

TODAY'S PRESS

-AP Moller Maersk sells four container ships to Canada's Seaspan for 40 mln usd each, leases them during five years (Direkt)

-Sydbank recommends investors to sell Danish shares as market is seen volatile (Boersen)

MARKET SENTIMENT

-Danske Bank upgraded to 'neutral' from are duce' at UBS

-Novo Nordisk ADRs closed marginally lower, DS Torm ADRs closed higher compared to yesterday's closing level in Copenhagen

gustav.sandstrom@thomson.com

gs/slj

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Copyright AFX News Limited 2007. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.




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