Brussels shares TFN at a glance outlook |
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Published
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Wed, 16 May 2007 07:37
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BRUSSELS (Thomson Financial) - Shares are expected to open flat to slightly lower, following Wall Street's mixed performance overnight, with telecoms operator Belgacom and financial services group KBC Group NV in focus after posting strong first-quarter results, traders said.At the close last night, the Bel 20 was up 3.70 points or 0.08 pct at 4,662.46.FORTHCOMING EVENTSTODAY-KBC Q1 results press conference (10.30 am)-KBC Q1 results analysts conference (1.30 pm)TOMORROW-National holiday, Euronext openTODAY'S PRESS-Inbev to sell its majority stake in real estate subsidiary Immobrew (De Tijd-Belgian National Bank's Quaden says ECB will continue to act to curb inflationCOMPANY NEWS-KBC posts Q1 above analyst forecasts, to sell GBC stake in Q2 for 25 mln eur-Belgacom posts rise in Q1 net profit, well above forecasts-BoA, Barclays to appeal court ruling on ABN Amro LaSalle sale-GIMV to sell up to 1,285,713 Alfacam shares in the group's IPO for a 13.2 mln eur increase in equity valueMACROECONOMIC NEWS-Belgian 3 months to March industrial orders up 3.2 pct vs previous 3 monthsMARKET SENTIMENT-Recticel upgraded to 'hold' from are duce' at Bank Degroofvictoria.main@thomson.comvm/jagCOPYRIGHT
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Mergers and acquisitions highlights to 15:50 BST 