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Danish shares AFX market data at 9.30 am - Novo Nordisk falls ahead of FY result


Published :
Tue, 30 Jan 2007 10:24
By : Agencies
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COPENHAGEN (AFX) - Market data at 9.30 am

Major indices

-OMXC20 down 0.33 points at 455.77

-OMXCB down 0.11 points at 436.59

-OMXC down 0.22 points at 436.69

Turnover

-686 mln dkr

Major gainers

-Danske Bank up 2 dkr at 263 ahead of tomorrow's full-year earnings and after JP Morgan lifted its price target for the stock to 258 dkr from 204 on a retained 'underweight' rating

-Sydbank up 2.5 at 294.5. The group posts full-year earnings later today. Analysts polled by RB-Boersen expect core earnings to rise to 1.70 bln dkr from 1.12 bln and pretax profit to rise to 1.99 bln dkr from 1.31 bln.

Major losers

-Novo Nordisk down 3.5 at 471.5. Analysts told Boersen they expect the weaker US dollar and poor sales of Levemir insulin analogue to negative factors in Novo Nordisk's full-year earnings and forecast tomorrow

-Vestas Wind Systems down 1.25 at 249.25

michael.delaine@afxnews.com

mdl/jr

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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.

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