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Amsterdam shares close lower tracking Wall St; KPN gains


Published : Tue, 14 Aug 2007 16:59
By : Agencies
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AMSTERDAM (Thomson Financial) - Shares closed lower in Amsterdam as investors eyed a lower Wall Street, with financials leading decliners after UBS issued a weak outlook, while KPN made strong gains amid news of a share buyback ramp-up and an acquisition in Belgium.

The AEX closed 3.51 points or 0.94 pct lower at 508.43, after trading in a range of 508.83-515.34.

Government bonds traded higher, while the euro stood at 1.3577 usd versus 1.3631 usd late yesterday.

By Kaj Leers, kaj.leers@thomson.com

kel/slm

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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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