Prague shares TFN at a glance outlook

Date : 05/05/2008 @ 2:14AM
Source : TFN
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Prague shares TFN at a glance outlook

        PRAGUE (Thomson Financial) - Shares are expected to open higher amid
positive Asian cues and Friday gains on Wall Street.
    Prague's main PX index closed 3.11 percent up at 1,659.9 points on Friday.

    FORTHCOMING EVENTS 
    Today
    - Conference on anti-missile defence after NATO summit in Bucharest. Czech
Prime Minister Mirek Topolanek and NATO Secretary-General Jaap de Hoop Scheffer
to attend (0745 GMT)

    Tomorrow
    - March foreign trade (0700 GMT)
    - Erste Bank's Czech unit Ceska Sporitelna AGM
    - Erste Bank AGM
    - Coal miner New World Resources (NWR) to begin conditional trading in
Prague, London

    TODAY'S PRESS
    -PPF Group could be eyeing J&T's 7 percent stake in Zentiva or co
management's 6 percent stake (Hospodarske Noviny)
    -A government appointed energy commission chief says will recommend that an
expert opinion is worked out on the effect of lifting mining limits and
construction of new nuclear blocks on the environment (Hospodarske Noviny)
    -Generali PPF Holding is considering launching a health insurance company in
the Czech Republic (Mlada Fronta Dnes)


    COMPANY/MACROECONOMIC NEWS 
    -PPF Group plans to make a voluntary takeover bid for Zentiva shares, offers
950 crowns per share
    -CEZ wound up share buyback on Friday, now holds 10 percent of own equity
    -Czech state budget deficit 28.1 billion crowns end-April vs 17 billion gap
year ago 

jana.mlcochova@thomsonreuters.com +420 222 191 108
jm1/vlb

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