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Danish shares lower midmorning led by AP Moller


Published :
Wed, 21 Nov 2007 10:12
By : Agencies
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COPENHAGEN (Thomson Financial) - Shares were lower midmorning in line with European peers following overnight losses in Asia, led down by AP Moller Maersk AS.

At 10.15 am, the OMXC20 index was down 7.74 points at 452.67 and the OMXCB Benchmark index shed 7.54 points to 431.39.

AP Moller Maersk AS was down 1,500 dkr at 59,400.

NKT Holding AS shed 14.50 dkr to 491.50 ahead of its third quarter report, due out around midday.

Topdanmark AS fell 13.00 dkr to 731.00. Goldman Sachs reduced its target price for the insurance group to 750 dkr from 995 dkr, RB Boersen news agency said.

Novo Nordisk AS was down 2.00 dkr at 634.00. Daily Boersen said, citing Novo Nordisk chief executive Lars Rebien Soerensen, that the group aims for market leadership on insulin, and considers increasing its US sales force to support the launch of diabetes treatment Liraglutide.

Among other heavily traded shares, Vestas Wind Systems AS shed 6.50 dkr to 432.00, Danske Bank AS fell 4.00 dkr to 194.25 and DS Norden AS was down 14.50 dkr at 478.00.

gustav.sandstrom@thomson.com

gs/jlw

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




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