PRAGUE, Jan 30 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Wednesday:
ALL TIMES GMT (Czech Republic: GMT + 1 hours) ======================== ECONOMIC DATA ========================
No economic indicators are due for release until December M2 money supply numbers on Jan. 31.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[
]Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[
] =========================== EVENTS ============================CORPORATE SPEAKERS: Co-Chief Executive of Italy's top insurer Generali <GASI.MI>, Sergio Balbinot, meets journalists in Prague.
Related company news:
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ORCO RESULTS: Developer Orco Property Group <
> is scheduled to publish 2007 turnover after 1630 GMT.Related company news:
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CABINET MEETING: The Czech cabinet holds a regular session. A news conference follows.
U.S. RADAR: The Czech defence ministry plans to inform about the outcome of negotiations with a U.S. delegation on construction of a new radar base in the Czech Republic.
Related news:
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IMF REMARKS : The International Monetary Fund on Tuesday commended the Czech Republic on its recent monetary tightening but said it needed to remain vigilant in controlling inflation expectations amid rising food and energy costs.
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UNIPETROL TARGET: Czech oil group Unipetrol <
> plans to nearly double its operating profit within four years, Chief Executive Officer Francois Vleugels said on Tuesday.[
] [ ]
EQUITIES UPGRADE: JP Morgan upgraded European equities to "overweight" and said although concerns in this market existed, recent market movements suggested that a downside scenario is getting priced in, and that risk reward for equities is improving.
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] [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008 Czech Equities <
> 1,501.0 1,487.4 +0.91 -17.30 vs Euro <EURCZK=> 25.985 25.992 +0.03 +1.98 vs Dollar <CZK=> 17.572 17.580 +0.05 +3.41 U.S. Equities < > 12,480 12,384 +0.78 -5.91 Pvs close or current levels vs prior domestic close at 1500 ======================= PRESS DIGEST ==========================T-MOBILE GROWTH: The Czech cell phone operator T-Mobile, a unit of Deutsche Telekom <DTEGn.DE>, said its client base had increased by 222,000 to 5.271 million last year.
Lidove Noviny, page 13
BEER SALES: The Czech brewery Plzensky Prazdroj, managed by SABMiller <SAB.L>, booked a 2.1 percent rise in global beer sales to 10.9 million hectolitres last year.
Hospodarske Noviny, page 17 (Reuters has not verified any of the newspaper reports that may be quoted above and does not vouch for their accuracy.) For Instant Views of key economic data click on [
] For summary of economic data and forecasts <CZ/ECON01> For diary of forthcoming Czech events [ ] For calendar of east European economic indicators [ ] TOP NEWS -- Emerging markets [ ] TOP NEWS -- Convergence watch [ ] 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 < > Budapest BUX < > Prague PX < >News editor of the day: Jan Lopatka on +420 224 190 477; fax: +420 224 229 935
E-mail: prague.newsroom@reuters.com
Reuters Messaging: jan.lopatka.reuters.com@reuters.net (Reporting by Martin Dokoupil)