Madrid shares market data at 10.15 am; Endesa extends gains; Inditex do |
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Fri, 26 Jan 2007 10:56
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MADRID (AFX) - Market data at 10.15 am:IBEX-35 Index down 11.6 points at 14,422.7IBEX-35 Feb future down 120.0 points at 14,427.0Major gainers:-Endesa, up 0.09 eur at 39.09, extending yesterday's gains after the stock market regulator restarted the bidding process on the utility.-Fadesa, up 0.06 at 35.76.Major losers:-Inditex, off 0.96 or 2.30 pct at 40.86, amid profit taking after yesterday's gains lifted by better-than-expected fourth quarter results from peer H&M.-Acerinox, off 0.35 at 20.70, extending yesterday's losses after Deutsche Bank cut its stance to 'hold' versus 'buy' and raised its target price to 21.5 eur per share from 20.6 eur.-Telecinco, off 0.09 at 20.86, as dealers shrugged off rumours of a possible 24 eur per share bid from a rival broadcaster.-La Seda de Barcelona, off 0.02 at 2.56, as traders dismissed a rumour of a group of Portuguese investors making a 3 eur per share bid for the company.-Banco Sabadell, off 0.22 at 35.58, extending yesterday's losses and after Keefe, Bruyette & Woods cut its stance on the bank to 'underperfrom' on valuation.-Leading blue chips, with Telefonica off 0.14 at 16.62, BBVA down 0.20 at 19.09 and SCH off 0.12 at 14.31.afxmadrid@afxnews.comped/jmsCOPYRIGHTCopyright 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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Inditex says would study Gap US store acquisitions if opportunity arises 