Bloomberg News

Benelux Stocks Including ABN Amro, Reed Fall; D'Ieteren Rises

August 28, 2007

Benelux stocks including ABN Amro Holding NV and Reed Elsevier Plc (REN) declined. D'Ieteren SA (DIE) rose.

The Amsterdam Exchanges Index decreased 2.67, or 0.5 percent, to 515.45 at 9:22 a.m. local time. Belgium's Bel20 Index lost 6.95, or 0.2 percent, to 4,226.91. The Luxembourg LuxX Index increased 1, or less than 0.1 percent, to 2,357.53.

ABN Amro, the largest Dutch lender and the target of a takeover battle between Barclays Plc and a group led by Royal Bank of Scotland Group Plc (RBS), fell 21 cents, or 0.6 percent, to 34.17 euros.

Reed Elsevier Plc declined 10 cents, or 0.8 percent, to 13 euros.

D'Ieteren rose 12.69 euros, or 4.5 percent, to 295.69. The owner of the world's biggest car-glass replacement company said first-half profit rose 28 percent, boosted by a U.S. acquisition. It also increased its profit forecast for 2007.

To contact the reporter on this story: Joana Quintanilha in Amsterdam at quintanilha@bloomberg.net

To contact the editors responsible for this story: David Merritt dmerritt1@bloomberg.net


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus