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07-Mar-2011 3:00 PM

Lotte Shopping shares hit five-month high

Analysis

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”.

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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