Lisbon shares at a glance outlook - PT, SonaeCom in focus |
|
|
|
Published
:
Mon, 15 Jan 2007 09:26
|
LISBON (AFX) - Share prices are expected to open higher with Portugal Telecom and Sonaecom in focus once more after the CMVM formally registered Sonaecom's bid for PT, dealers said.Friday, the PSI 20 index closed up 27.87 points or 0.24 pct at 11,516.67, adding to gains in the four previous sessions, after trading in a range of 11,460-11.530.EARLY/WEEKEND NEWS-CMVM approves Sonaecom's bid for Portugal Telecom; bid to run Jan 16 to Mar 9-Mota Engil controls 70.31 pct of container terminal co TertirTODAY'S PRESS-Portuguese govt wants to separate PT's cable, copper networks (Diario Economico)-Sonaecom deposits 750 mln eur as part of warranty for PT bid (Jornal de Negocios)-PT may launch counter bid for Sonaecom - Bava (Jornal de Negocios)-AdC suspends probe of BCP's bid for BPI (Lusa)MARKET SENTIMENT-Lehman Brothers says Sonaecom's 9.5 eur per share bid for PT is reasonable. Reiterates '3 Underweight' rating; values PT at 7.30 eur/share on standalone basis.jonathan.gleave@thomson.comlm/an/anCOPYRIGHTCopyright 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
|
|
|
|
Print this Story
Lisbon shares at a glance outlook - Sonaecom in focus after sharp gains 