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Paris shares close slightly lower; Schneider Electric shines on Q1 revs


Published : Thu, 19 Apr 2007 16:59
By : Agencies
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PARIS (Thomson Financial) - Share prices ended marginally lower, tracking US markets and well off their intraday low as Schneider Electric surged almost 5 pct after consensus-busting first quarter sales, dealers said.

A surprise takeover bid for Eiffage by Spain's Sacyr Vallehermoso added some spice to proceedings.

The CAC-40 index ended down 6.91 or 0.12 pct at 5,829.04 on total volume of 7.9 bln eur.

On the Matif, April CAC-40 futures were trading down 9 at 5,829.5.

The euro was at 1.3604 usd compared with 1.3580 usd late yesterday.

tfn.paris@thomson.com

mrg/lam

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