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Brussels shares AFX at a glance outlook


Published :
Thu, 08 Feb 2007 08:57
By : Agencies
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BRUSSELS (AFX) - Shares are expected to open flat to lower, following a mixed overnight session on Wall Street, on cautious trading ahead of a rate decision at the ECB, with Cofinimmo in focus as the real estate group posts its full year results after the market closes, traders said.

Last night, the Bel 20 closed up 14.83 points or 0.33 pct at 4,544.93.

FORTHCOMING EVENTS

TODAY

-Cofinimmo FY results (5.30 pm)

-Cofinimmo FY results press conference (11.00 am), results under embargo

-CNP provisional FY results (5.30 pm)

-CNP FY results conference call (17.00 GMT)

-EU court rules on Danone appeal vs European Commission 42.4 mln eur fine for cartel activities in Belgian beer market

TOMORROW

-Nothing scheduled

MACROECONOMIC NEWS

-Belgian 3 mths to Dec industrial output up 1.0 pct vs previous 3 mths

-Belgian 3 mths to Dec industrial orders up 5.4 pct vs previous 3 mths

TODAY'S PRESS

-Suez unit Electrabel to retain shareholding in Indaver (De Tijd)

-Omega Pharma freezes listing of professional health division Arseus (De Standaard)

MARKET SENTIMENT

-Real estate company Cofinimmo will post after the market closes full year net earnings per share from ongoing activities in line with company guidance, analysts said.

Full year net EPS from ongoing activities is seen at 8.44-8.60 eur, against 8.60 recorded last year, in line with guidance of 8.46 eur, according to analysts polled by AFX News.

antonia.vandevelde@thomson.com

sz/gp

COPYRIGHT

Copyright 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.




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