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Madrid shares market data at 10.20 am


Published :
Tue, 23 Jan 2007 10:49
By : Agencies
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MADRID (AFX) - Market data at 10.20 am:

IBEX-35 Index up 21.8 points at 14,381.5

IBEX-35 Feb future up 28.0 points at 14,409.0

Major gainers:

-Gamesa, up 0.69 eur or 3.26 pct at 21.85 on sector M&A talk.

-NH Hoteles, 0.55 or 3.32 pct higher to 17.11 after Citigroup hiked its stance to 'buy' from 'hold' on news of the planned disposal of the leisure company's Sotogrande property business.

-Fenosa, 0.48 higher at 38.04 following an upgrade to 'buy' from 'sell' by Citigroup on valuation grounds.

-FCC, up 0.90 to 79.25, following reports Inmocaral, 0.02 higher to 5.64, is seeking to increase its stake to 20 pct from 15 pct.

-Colonial up 0.30 to 74.05 after it was upgraded to 'neutral' from are duce' by UBS

Major losers:

-Metrovacesa, down 1.70 eur to 123.90

-Mapfre, 0.01 lower at 3.80

-Acciona, off 0.70 to 150.30

-Telefonica down 0.05 eur at 16.63 after Venezuela's Chavez says to pay below market value for its CANTV affiliate

afxmadrid@afxnews.com

cve/jms

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