Madrid shares market data at 9.55 am; broad market down, Inditex bucks trend |
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Wed, 10 Jan 2007 11:39
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MADRID - Market data at 9.55 am:IBEX-35 Index 14,120.3, down 191.2 pointsMajor gainers:-Inditex, up 0.17 eur at 40.73, after Goldman Sachs added the clothing retailer to its 'conviction buy' list on expectations of margin improvement and strong sales-Prisa, up 0.05 eur at 13.65-Some second and third-liners, with Sniace up 0.02 at 4.31 and La Seda de Barcelona flat at 2.52Major losers-The main blue chips, hit by heavy losses in Asia overnight, with Telefonica off 0.20 eur at 16.64 eur, also suffering from ongoing uncertainty about recent events in Venuezuela, while Repsol YPF lost 0.16 eur to 25.31. BBVA shed 0.16 eur to 18.46 and SCH was down 0.18 eur at 14.25-Endesa outperformed other blue chips, off 0.01 eur at 35.43, as the market awaits news of the Supreme Court's decision on whether to unblock Gas Natural and E.ON's bids for the Spanish utility. Gas Natural fell 0.50 eur to 29.38-Banesto, down 0.38 eur at 17.42, after reporting broadly in-line full-year to Dec 31 resultsafxmadrid@afxnews.comccs/ped/lam/jdy/wjCOPYRIGHTCopyright AFX News Limited 2006. 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.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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LTU says in talks over Air Madrid SAmerica routes, but acquisition not planned 