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Budapest shares TFN at a glance outlook


Published :
Thu, 28 Jun 2007 08:07
By : Agencies
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BUDAPEST (Thomson Financial) - Leading shares are tipped to open slightly up today after a rebound on US markets.

Yesterday, the BUX index was down 2.98 pct to 28,565.46 points. Trading volume was high at 75 bln forints compared to a daily average of 35 bln

FORTHCOMING EVENTS

Today

-Hungary's statistical office to release employment data for March-May period

Tomorrow

-Hungary's statistical office to release PPI data for May

-Hungary statistical office to release final foreign trade data for April

COMPANIES

-10.8 pct of automotive firm Raba sold to unknown buyer

-IT firm Synergon holds nearly 10 pct treasury shares after purchasing 50,000 own shares yesterday

TODAY'S PRESS

-EU starts discussions on legality of Hungary's local business tax, decision expected by autumn (Napi Gazdasag)

-Financial regulators PSZAF launch probe into share transaction in oil and gas company MOL over the past month (Napi Gazdasag)

-Government may introduce law enabling it to veto takeovers of certain assets such as MOL (Nepszabadsag)

-Hungary Q1 current account deficit to come in at 1.2 bln eur, yearly deficit to reach 4.5 pct of GDP, according to consensus (Napi Gazdasag)

-Alternative energy company Genesis planing new share release (Napi Gazdasag)

edward.krudy@thomson.com

ek1/jag/ek1/bsd

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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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