Czech Republic - Factors To Watch on Nov 9

09.11.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Nov 9 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Thursday:

NINE-MONTH RESULTS

Czech downstream oil processor Unipetrol <UNPEsp.PR> on Thursday posted a 27-percent rise in its consolidated nine-month net profit compared with a year earlier.

[RTRS-LEN-CZ-CHE-RES] [nL09745702]

Komercni Banka <BKOMsp.PR> and Bermuda-based Central European Media Enterprises (CME) <CETVsp.PR> are also expected to release nine-month results on Thursday. Komercni will publish their results at 0900 GMT, while there is not set time for CME.

ECONOMIC DATA RELEASES

The Czech Statistical Bureau (CSU) is to release September industrial output at 0800 GMT.

[RTRS-LEN-CZ-ECI]

- For real-time economic indicator releases and consensus market forecasts, double click on <ECONCZ>.

CENTRAL BANK MEETING

The Czech central bank board is to hold a regular weekly meeting, but no monetary policy issues are expected to be discussed.

TOPOLANEK APPOINTED PM AGAIN

Czech President Vaclav Klaus appointed rightist leader Mirek Topolanek as prime minister on Wednesday for the second time since an inconclusive June election left parliament deadlocked.

Topolanek faces a tough task to cobble together a government that could win a parliamentary confidence vote because both leftist and centre-right blocs in the lower house control 100 seats.

[nL0820788]

- For most recent news on Czech politics, click on [RTRS-LEN-CZ-POL].

TOBACCO TAX RISE APPROVED

Czech lawmakers approved on Wednesday a lower than originally proposed increase in excise tax on tobacco from 2007, matching the minimum level required by the EU and raising the spectre of a shortfall in budget revenue.

[RTRS-LEN-CZ-FOD-BEV] [nL08751664]

Overview of past economic data and market forecasts <CZ/ECON15> For Instant Views of key economic data click on [CZ/INSTANT]

For summary of economic data and forecasts <CZ/ECON01> For diary of forthcoming Czech events [CZ/DIARY] For calendar of east European economic indicators [CONV/DIARY] TOP NEWS -- Emerging markets [TOP/EMRG] TOP NEWS -- Convergence watch [TOP/EAST]

For an economic indicator diary for the euro zone, the United States and other Group of Seven countries see <G7TODAY>

For real-time stock market index quotes click in brackets: Warsaw WIG20 <.WIG20> Budapest BUX <.BUX> Prague PX <.PX>

News editor of the day: Alan Crosby on +420 224 190 477; fax: +420 224 229 935

E-mail: prague.newsroom@reuters.com

Reuters Messaging: alan.crosby.reuters.com@reuters.net

((Compiled by Marek Petrus; Reuters Messaging: rm://marek.petrus.reuters.com@reuters.net; e-mail: prague.newsroom@reuters.com or marek.petrus@reuters.com; Tel: +420 224 190 477))

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