Lotte Shopping shares hit five-month high


Shares in South Korean retailer and department store operator Lotte Shopping Co rose 6.5% on Friday, the company's highest point in five months. Last month, the company pulled out of merger discussions with Indonesian company Matahari, in preference for seeking a "global partner".

  • Lotte Shopping Co's shares rose 6.5%, reaching a five-month high.
  • The company withdrew from merger discussions with Matahari and is now looking for a global partner.
  • Shares in gategroup and DO & CO increased by 2.5%.
  • Dufry's shares rose by 1%.
  • The mentioned companies are in the duty-free retail sector.
  • The share price movements were recorded on March 4, 2011.

Shares in gategroup and DO & CO gained 2.5%, while Dufry was 1% higher.

Selected Duty Free daily share price movements (% change): 04-Mar-2011

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