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Paris shares close lower; EADS gains as investors warm to Airbus revamp UPDATE.

Europe Intelligence Wire

| February 28, 2007 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From AFX Europe (Focus))

(adds full report)

PARIS (AFX) - Paris shares closed mostly lower as investors shunned Wall Street's upward bounce to focus on the drop reported for February in the Chicago purchasing managers' index, dealers said.

The CAC-40 index closed down 72.07 points, or 1.29 pct, at 5,516.32 on very heavy volume of 11.2 bln eur.

On the Matif, March CAC-40 futures were trading down 81.5 points, or 1.46 pct, at 5,511.0

Among broader indices, the SBF-80 was down 31.57 points, or 0.4 pct, to 6,819.77, and the SBF-120 was down 47.73 points, or 1.17 pct, at 4,040.30.

The euro was trading at 1.3217 usd, against …

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