Lisbon shares TFN at a glance outlook |
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Mon, 16 Apr 2007 07:54
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LISBON (Thomson Financial) - Share prices are expected to open higher after a strong Wall Street close Friday and with Asian markets in positive territory, dealers said.Friday, the PSI 20 index closed up 54.75 points at 11,895.77, after trading in a range of 11,854-11,912 on turnover of about 280.9 mln eur.FORTHCOMING EVENTSTODAY-BCP press conference (10.30 am)-ParaRede AGM-March CPIWEEKEND/EARLY NEWS-EDP, Sonatrach deal can be dissolved if Sonatrach stake goes over 5 pct-Sonaecom says Brahman Capital Corp sold 1.75 mln shares on March 2-Portugal Telecom buys 1.03 pct of own capital as part of share buyback programmeTODAY'S PRESS-La Caixa, Itau and Allianz decline to meet with BCP to discuss BPI bid (Jornal de Negocios)-EDP, Galp could share exploration of dams (Diario de Noticias)-Mota Engil controls 72 pct of container sector in Portugal (Diario Economico)-Cofina 50 mln eur bond could be used for investment in TV station (Diario Economico)-Prime minister Jose Socrates visits Morocco to intensify commercial relations (Diario Economico)MARKET SENTIMENT-BCP and Banco BPI could be in focus, at the beginning of the second week of BCP's offer period for BPI after press reports said that BPI's main shareholders declined to discuss BCP's 5.7 eur per share bid.luis.morais@thomson.comlm/lm/anCOPYRIGHTCopyright AFX News Limited 2007. 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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