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Amsterdam shares AFX at a glance outlook


Published :
Tue, 20 Mar 2007 08:54
By : Agencies
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AMSTERDAM (AFX) - Shares are expected to open slightly higher, with the banking sector again in focus as Barclays and ABN Amro confirmed overnight they are in exclusive talks, but trading in general is expected to be cautious ahead of the start of the US Federal Reserve's two-day policy board meeting later today, dealers said.

Yesterday, the AEX closed 10.30 points or 2.14 pct higher at 492.44.

FORTHCOMING EVENTS

Today

-Heineken investor roadshow in New York

TODAY'S PRESS

-Rabobank unit buys half of India's Canara Bank mutual fund arm (Economic Times)

-Formosa Automobile, Netherlands' DAF Trucks plan China joint venture (Economic Daily News)

COMPANY NEWS

-Barclays, ABN Amro confirm exclusive preliminary merger talks

-Corio to invest 120 mln eur in Paris office redevelopment project

-Corio to buy stakes in Istanbul shopping centres for total of 89.6 mln usd

-TSMC wins approval to upgrade technology used at Shanghai plant

-AT&T, Sony, Siemens, Philips, five others to team up on IPTV services

-DSM taken to court by shareholder over 'loyalty dividend'

MARKET SENTIMENT

-Ahold started as a 'buy' at ING, target 9.7 eur

tfn.amsterdam@thomson.com

ls/ms1

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Copyright 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.

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




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