ISS at bottom of STOXX with analyst pointing to speculation over liability in fire in Hong Kong

Iss A/S

02/12/2025 11:35

** Shares in Danish facilities management group ISS ISS.CO fall about 7% to the bottom of pan-European STOXX 600 .STOXX index with analysts from Nordnet and SEB pointing to speculation over liability in Hong Kong tower fire

** The group, whose property management arm ISS EastPoint Properties Limited provided administrative support for the Wang Fuk Court's incorporated owners, said it supported investigation related to the fire

** ISS added, though, that the unit was not involved in appointing the contractor for the major renovation work or overseeing renovations on a day-to-day basis

** ISS shares are on track worst day since August 2023, if losses hold

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))