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Brussels shares close lower; UCB leads fallers


Published : Sun, 14 Oct 2007 20:53
By : Agencies
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BRUSSELS (Thomson Financial) - Shares were lower at the close, with pharmaceutical group UCB SA leading the fallers after Deutsche Bank's research department cut its rating on the company to 'hold' from 'buy', and lowered its target price to 50 eur from 54 citing potential near-term downside risks.

The Bel 20 closed 2.85 points, or 0.06 pct, lower at 4,532.06.

antonia.vandevelde@thomson.com

ava/sal

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Copyright Thomson Financial News Limited 2007. All rights reserved.

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