WARSAW, Oct 21 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Tuesday.
PETROLINVEST
Polish oil venture Petrolinvest <PROL.WA> is in talks with
private equity funds to sell up to $250 million worth of new
shares to raise cash for drilling in Kazakhstan, its chief
executive tells Parkiet. []
ROMGAZ
Romanian state-owned gas producer Romgaz plans to invest 50
mln euros to develop a natural gas deposit in northeastern
Romania with a capacity of 150 mln cubic metres, Business
Standard writes.
TAROM
Romania's national airline Tarom registered an 8 percent
decline in passenger traffic in the third quarter, Ziarul
Financiar writes.
CZECH MORTGAGES
Czechs will borrow up to 120 billion crowns in mortgages
this year, down from 142 billion a year ago, Regional
Development Minister Jiri Cunek is quoted as saying by E15.
PKN
Poland's leading oil refiner PKN Orlen <PKNA.WA> expects its
third-quarter operating profit to fall by about half due to
deteriorating macroeconomic conditions. []
Unipetrol <>, PKN's Czech unit, sees its operating
profit to be lower than the 1.01 billion crowns ($54.42 million)
it posted in the year-ago period. []
OTP
Hungary's OTP Bank <OTPB.BU> is expected face a falling
share price and nervousness about future fallout from the
financial crisis but it is well capitalised and has the
liquidity to weather the financial crisis. []
HUNGARIAN MARKETS
Hungary scrapped a treasury bill auction and its stock
market fell on Monday, signalling the last week's measures to
shore up financial markets have failed to quell concerns about
its banking system and debt. []
TVN
TVN <TVNN.WA>, Poland's largest listed media group, has seen
strong advertising bookings and does not expect any significan
signs of a slowdown until early next year, its chief financial
officer said on Monday. []
EUROPEAN MARKETS
European equities were poised to rise on Tuesday, gaining
ground for the third consecutive session on signs that
government moves to tackle the credit crisis were starting to
work.
Financial spreadbetters expected Britain's FTSE 100 <>
to open 60 to 67 points higher, or as much as 1.5 percent,
Germany's DAX <> to open 89 to 96 points higher, or as
much as 1.8 percent, and France's CAC-40 <> to open 66 to
69 points higher, a rise of as much as 2 percent.
For the latest news on European markets, double click []
WALL STREET
U.S. stocks rallied on Monday after the Federal Reserve's
chairman backed more government spending to help the economy and
credit market conditions showed further signs of improvement.
But the advance of over 4 percent in both the Dow and S&P
came on the thinnest daily volume in nearly a month, signaling
investors remain skittish about diving back into stocks after
weeks of punishing volatility.
For latest Wall Street news, double click []
OTHER EQUITY NEWS
Stocks on the move [] Real-time Equity News []
Emerging markets equities [] E.Europe equities []
Hot stocks [] Stock markets []
Emerging Europe diaries []
European stocks report []
Major world stock market performance []
FTSE Eurotop 300 index...................<>
DJ STOXX index...........................<>
Eurotop 300 sector gainers/losers...<.PGL.FTEU3S>
Top 25 European pct gainers............<.PG.PEUR>
Top 25 European pct losers.............<.PL.PEUR>
European Equities speed guide.............<EUR/EQUITY>
Pan European indices.....................<EUR/INDICES1>
Pan European analysis.....................<EUR/STATS1>
REGIONAL INDICES
Warsaw WIG20 <> Istanbul ISE National 100 <>
Budapest SE Index <> Bucharest Beti <>
Prague PX <> Zagreb Crobex <>
Sofia Sofix <.SOFIX> Ljubljana SBI20 <>
MSCI Global Emerging Markets <.MSCIEF>
FTSEurofirst 300 <>
