UPDATE 1-Kion's poor stock market debut bodes ill for Annington

Newswire

FRANKFURT, June 28 (Reuters) - Shares in German forklift truck maker Kion fell on their debut on the Frankfurt stock exchange on Friday, boding ill for next week's proposed initial public offer of real estate firm Deutsche Annington . The stock had been priced at the very bottom of the range of 24 euros ($31.21) to 30 euros, but many investors still sold holdings in Kion swiftly, driving the stock down 1.3 percent below the issue price as of 1454 GMT. ...

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