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Danish shares AFX at a glance outlook


Published :
Wed, 10 Jan 2007 08:48
By : Agencies
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COPENHAGEN - Shares are expected to open little changed after a mixed close on Wall Street overnight, with Bang & Olufsen in focus before today's interim report, while insurers will also be closely watched after rising yesterday on the back of a raised forecast from TrygVesta, dealers said.

Yesterday, the OMXC20 index closed 4.76 points higher at 447.28 and the OMXCB Benchmark index rose 3.71 points to 428.36.

The OMXC All Share index closed 3.86 points higher at 429.22 on turnover of 5.42 bln dkr.

FORTHCOMING EVENTS

Today

-Bang & Olufsen H1 earnings

Tomorrow

-nothing expected

TODAY'S PRESS

-Former members of the Danish Economic Council say Denmark in acute need of new economic plan stretching beyond 2010 (Berlingske Tidende)

-Charter traffic causes delays during security checks at Copenhagen Airports' Kastrup airport (Boersen)

-TDC CEO Jens Alder fires TDC Total Solutions director Kim Frimer after disagreement about future strategy (Boersen)

-Secret cost-savings plan cause of Frimer's exit from TDC (Jyllands-Posten)

MARKET NEWS/SENTIMENT

-Novo Nordisk target price raised to 510 dkr from 490 at Merrill Lynch (RB-Boersen)

-Novo Nordisk ADRs closed at a lower level compared with yesterday's closing price in Copenhagen, while DS Torm ADRs closed at a higher level

michael.delaine@afxnews.com

mdl/wj

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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.

AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited




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