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Brussels shares AFX at a glance outlook


Published :
Thu, 18 Jan 2007 08:50
By : Agencies
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BRUSSELS (AFX) - Shares are expected to open flat to slightly higher following Wall Street's overnight gains, with Delhaize in focus after the supermarket group's full-year

slightly undershot market expectations, traders said.

Last night, the Bel 20 closed down 3.42 points or 0.08 pct at 4,464.86.

FORTHCOMING EVENTS

TOMORROW

-Omega Pharma Q4 sales (0800 CET)

-Belgian Jan consumer confidence indicator (1500 CET)

COMPANY NEWS

-Supermarket group Delhaize SA posted full-year sales of 19.22 bln eur, up 4.8 pct from 18.35 bln last year, but below forecasts of 19.27-19.43 bln.

-Metals group Umicore SA said it has acquired US contact materials producer Ames Electro Materials Corp (AEMC).

-Suez said its board unanimously agreed that a merger with Gaz de France are mains the best plan' for the group.

-Private equity group GIMV said its subsidiary Halder has taken a 30 pct stake in the Dutch BMC Group via its management buy-out.

-Media group Roularta NV said it has acquired the 50 pct it does not own in Academici Roularta Media, bringing its stake to 100 pct.

-Irish low-cost air carrier Ryanair plans to base as many as 11 new aircraft at Charleroi airport, 50 km south of Brussels, according to the airport's spokesperson.

OTHER NEWS

-Belgian prime minister Guy Verhofstadt said he plans to hold a general election on June 10.

MARKET SENTIMENT

-Healthcare group Omega Pharma NV will tomorrow morning post full-year sales in line with the company's own estimates of 1 bln eur, with improved numbers for the French business, analysts said.

-Roularta upgraded to 'buy' from 'accumulate' at KBC Securities




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