Helsinki shares AFX at a glance outlook |
|
|
|
Published
:
Wed, 31 Jan 2007 09:05
|
HELSINKI (AFX) - Helsinki shares are expected to open slightly lower, with Nokia seen tracking its weaker ADR price on Wall Street overnight and with Fortum falling after it reported consensus-missing fourth quarter earnings, traders said.Yesterday, the OMX Helsinki 25 ended 0.76 pct higher at 3,008.20 points and the OMX Helsinki was up 0.90 pct at 10,109.99 points.FORTHCOMING EVENTSTOMORROW-Finnish Nov final trade balance at noon-Outokumpu Q4 results (0100)-Oriola-KD Q4 results (0930)-UPM-Kymmene Q4 results at noonTODAY'S PRESS-Areva does not rule out the possibility that the construction work at Finnlan's fifth nuclear reactor, which is now a year and a half behind schedule, might be delayed again (YLE News)COMPANY NEWS-Fortum Q4 pretax profit 448 mln eur vs 466 mln; consensus 453 mln eur.-Fortum Q4 EPS 0.39 eur vs 0.36 eur; consensus 0.36 eur.-Fortum Q4 Sales 1.254 bln eur vs 1.112 bln; consensus 1.292 bln eur.-Fortum proposes dividend of 1.26 eur per share.MARKET SENTIMENT/MACROECONOMIC NEWS-Finnish December industrial output up 0.7 pct from November; up 5.8 pct year-on-year-Nokia's ADRs in New York end at the equivalent of 16.87 eur, down 0.24 pct on the Helsinki closing level.-Among other Finnish shares traded in New York, Stora Enso was up 0.16 pct to 12.70 eur, UPM-Kymmene 0.10 pct higher to 19.78 eur and Metso up 0.25 pct to 40.69 eur.azer.sawiris@afxnews.comafs/tcCOPYRIGHTCopyright 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
|
|
|
|
|
|
Print this Story
Helsinki shares AFX at a glance outlook 