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Danish shares AFX at a glance outlook


Published :
Tue, 30 Jan 2007 09:01
By : Agencies
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COPENHAGEN (AFX) - Shares are expected to open a little higher, recovering from yesterday's falls, and lifted by the positive overnight trends on US markets, dealers said.

Yesterday, the OMXC20 index closed 0.54 points lower at 456.10 and the OMXCB Benchmark index fell 1.01 points to 436.70.

The OMXC All Share index closed 0.51 points lower at 436.91 on turnover of 4.76 bln dkr.

FORTHCOMING EVENTS

Today

-nothing expected

Tomorrow

-Novo Nordisk FY earnings results

-Danske Bank FY earnings results

TODAY'S PRESS

-AP Moeller-Maersk's APM Terminals business valued at 62 bln dkr, twice previous estimate Gudme Raaschou Bank (Jyllands-Posten)

-AP Moeller-Maersk's Maersk Line lost market share in 2006 to major competitors Mediterranean Shipping Co (MSC), CMA CGM (Jyllands-Posten)

-Government's proposed changes to corporate tax could cost TDC 1 bln dkr in tax TDC CEO Jens Alder (Boersen)

-Weaker US dollar, poor sales of Levemir insulin analogue negative factors in Novo Nordisk's FY earnings, forecast analysts (Boersen)

-India's Suzlon to expand Danish activities with wind turbine research centre (Boersen)

-Arla had breakthrough on German market for Kaergaarden butter spread in 2006 (Jyllands-Posten)

MARKET NEWS/SENTIMENT

-Danske Bank target lifted to 258 dkr from 204 by JP Morgan

-Novo Nordisk ADRs closed at a higher level compared with yesterday's closing price in Copenhagen, while DS Torm ADRs closed at a lower level

michael.delaine@afxnews.com

mdl/tw

COPYRIGHT

Copyright 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




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