Danish shares lower midmorning, led by Carlsberg |
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Tue, 20 Feb 2007 10:58
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COPENHAGEN (AFX) - Danish shares were lower in midmorning trade, led down by Carlsberg on disappointment over the company's 2007 outlook, dealers said.At 10.30 am, the OMXC20 index was down 2.14 points at 484.90, and the OMXCB Benchmark index was 2.10 points lower at 461.68.Carlsberg B fell 23.00 dkr to 602.00 after announcing a solid set of full year results, but a disappointing outlook for 2007.Ole Gorm at Carnegie said the outlook 'did not meet lifted expectations,' adding that shares in Carlsberg have recently climbed sharply in anticipation of the earnings report and that the share price has now corrected downwards.AP Moller Maersk was down 300.00 dkr at 62,100.00 while Danske Bank AS shed 1.50 dkr to 271.00 and Topdanmark AS fell 17.00 dkr to 1,081.00.East Asiatic Co gained 2.50 dkr to 280.00. The company will present its full year results tomorrow.Copenhagen Airports was up 41.00 dkr at 2,216.00. The company unveiled a strong full year report yesterday and said it will sell all units outside of Denmark during the next five years, Danish daily Borsen wrote.gustav.sandstrom@thomson.comgs/jlwCOPYRIGHTCopyright 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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Danish shares AFX at a glance outlook 