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Brussels shares AFX at a glance outlook


Published :
Wed, 31 Jan 2007 08:38
By : Agencies
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BRUSSELS (AFX) - Shares are expected to open flat to slightly higher following Wall Street's modest gains and ahead of the US Federal Reserve's interest rate decision, traders said.

Last night, the Bel 20 closed up 20.81 points or 0.47 pct at 4,435.98.

FORTHCOMING EVENTS

TODAY

-Nothing scheduled

COMPANY NEWS

-Cut-price food retailer Colruyt SA posted nine-month sales of 3.888 bln eur, up from 3.559 bln eur last year, following the market close, at the top end of analysts' expectations.

-Utility Electrabel said it has rejected as 'not attractive' an offer by parent company Suez for shares still held by former and current employees.

MACROECONOMIC NEWS

-Belgian consumer prices rose 0.05 pct in January from December and were up 1.66 pct from a year earlier, the Belgian index office said.

TODAY'S PRESS

-Belgacom to bid for Luxembourg peer Voxmobile - De Tijd, L'Echo

victoria.main@thomson.com

vm/tc

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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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