Gecina bucks light-volume trend in European equity markets

viernes 23 de mayo de 2014 07:25 GYT

* FTSEurofirst 300 index falls 0.1 percent

* Equity placings account for most heavily traded stocks

* Caution ahead of Ukraine, EU election results (Adds detail, quote, updates prices)

By Alistair Smout

EDINBURGH, May 23 (Reuters) - French real-estate firm Gecina bucked the trend of low volumes in European share trading on Friday, as investors were kept cautious by an uncertain political situation heading into a long weekend for UK equity traders.

Gecina fell 1.8 percent in volume of twice its 90-day average after a share placing worth roughly 1 percent of share capital.

The real-estate investment trust was the most heavily traded stock relative to its 90-day average on the FTSEurofirst 300 , which saw trade across the index at a mere 30 percent of its average.

Mid-cap Danish jeweller Pandora fell 3.9 percent in trade of over 15 times its average following its own share placing.

Volumes were kept low as investors steered clear of big bets heading into a long weekend on the UK market, the biggest stock market in Europe, with ongoing uncertainty over elections in Europe and Ukraine.   Continuación...