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Helsinki share TFN at a glance outlook


Published :
Tue, 23 Oct 2007 07:20
By : Agencies
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HELSINKI (Thomson Financial) - Helsinki shares are expected to open higher driven by bargain-hunting following yesterday's sharp falls and supported by gains on Wall Street overnight.

Yesterday, the OMX Helsinki 25 ended 2.03 pct lower at 3,192.56 and the OMX Helsinki all-share index closed down 1.18 pct at 11,973.02.

FORTHCOMING EVENTS

TODAY

-Kone Q3 results (12.30 PM) (consensus; pretax profit 123 mln eur, EPS 0.69 eur, sales 1.012 bln eur: Thomson FirstCall)

-Outokumpu Q3 results (1.00 PM) (consensus; pretax loss 89.14 mln eur, loss per share 0.40 eur, sales 1.586 bln eur: Thomson FirstCall)

-FOEX Pulp & Paper price statistics at noon

TOMORROW

-Amer Sports Q3 results (1.00 PM)

-Orion Q3 results at noon

-Rautaruukki Q3 results (9.00 AM)

-Elcoteq Q3 results (9.00 AM)

-Stockmann Q3 results (2.00 PM)

MACROECONOMIC NEWS

-Finnish September unemployment 6.4 pct vs 6.8 pct A year ago

COMPANY NEWS

-Nokia forms mobile news filing alliance with Reuters

-Perlos swings into moderate Q3 profit, warns of uncertainty in demand in Q4

-Oriola-KD Q3 earnings mixed, sees FY operating profit exceeding 2006 level

MARKET SENTIMENT

-In New York last night, Nokia's ADRs finished at the equivalent of 26.26 eur, 0.49 pct higher than its closing level in Helsinki.

-Among other Finnish shares traded in the US, UPM-Kymmene ended down 0.14 pct at 14.19 eur and Stora Enso up 0.08 pct at 11.46 eur

azer.sawiris@thomson.com

afs/ejb

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




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