Helsinki shares AFX at a glance outlook |
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Thu, 01 Feb 2007 08:27
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HELSINKI (AFX) - Helsinki shares are expected to open higher on bargain-hunting, with UPM-Kymmene and Outokumpu in focus ahead of their fourth-quarter reports this afternoon, brokers said.Yesterday, the OMX Helsinki 25 index closed down 0.43 pct to 2,995.13 points, while the OMX Helsinki index ended down 0.55 pct to 10,054.05. Volume was just under 1.5 bln eur.FORTHCOMING EVENTS-Finnish November final trade balance at noon-Outokumpu Q4 results (0100 PM)-UPM-Kymmene Q4 results at noonCOMPANY NEWSOriola-KD Q4 pretax profit 5.7 mln eur, down from last year's pro forma of 6.7 mln eur.Oriola-KD Q4 EPS 0.3 eur against pro forma 0.4 eur a year earlier.Oriola-KD Q4 sales 343.7 mln eur versus pro forma 346.9 mln a year ago.MARKET SENTIMENT-Nokia's ADRs in New York end at the equivalent of 17.07 eur, up 1.67 pct on the Helsinki closing level.-Among other Finnish shares traded in New York, Stora Enso was up 1.25 pct to 12.93 eur, UPM-Kymmene 0.46 pct higher to 19.74 eur and Metso 1.65 pct firmer to 41.31 eur.azer.sawiris@afxnews.comafs/icCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Helsinki shares AFX at a glance outlook 