PRAGUE, May 2 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================ECONOMIC DATA=========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
=============================EVENTS============================
PRAGUE - Purchasing Managers' Index (PMI) for April due out
at 0730 GMT.
Related news: []
PRAGUE - End-April budget balance data at 1200 GMT.
Related news: []
============================TOP NEWS===========================
UNIPETROL: Czech oil refiner and petrochemicals group
Unipetrol <> reported a 10 percent rise in its
first-quarter operating profit on Friday, after higher oil
prices boosted the value of its feedstock reserves.
Story: [] Related news: []
PMCR DIVIDEND: Shareholders at Czech cigarette maker Philip
Morris CR <> approved a 1,260 crown ($77.59) per share
gross dividend payment at a general meeting on Friday.
Story: [] Related news: []
ORCO: Shareholders of Orco Property Group <> gave
the developer's management the right to raise the company's
capital and bolster its balance sheet, Orco said on Friday.
Story: [] Related news: []
PPF IN GREECE: Czech investment group PPF has bought a 5.72
percent stake in Greece's fourth-largest lender Piraeus bank,
the bank said on Friday.
Story: [] Related news: []
CEE MARKETS: The Polish zloty rose on Friday on reports a
state-owned bank was selling euros in the market, and was headed
for its best monthly gain since July as emerging European
currencies mostly firmed.
Story: [] Related news: []
CEE POWER: Czech power for the next working day rose on
Friday on expected colder weather, a fall in renewable power
generation and a drop in German power plants availability,
traders said.
Story: [] Related news []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2011
vs Euro <EURCZK=> 24.175 24.184 0.04 3.3
vs Dollar <CZK=> 16.349 16.302 -0.29 12.42
Czech Equities <> 1,261 1,261 -0.25 2.96
U.S. Equities <> 12,810.54 12,763.31 0.37 10.65
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST=========================
POWER PRICE: CEZ's <> chief operating officer
Daniel Benes said the rise in electricity prices was more than
economically logical, and should fall into the 50-60 euro range.
Lidove Noviny (Saturday edition), page 16
PPF IN RUSSIA: Financial group PPF is looking for a partner
in Russia and aims to double its assets to $14 billion in the
next four years, its country manager said.
Hospodarske Noviny, page 17
RAILWAYS RATING: State-owned Czech Railways received a
"Baa1" rating from Moody's, opening up the possibility to go to
global capital markets, according to a source.
Hospodarske Noviny, page 17
RAILWAYS SHARES: Unnamed investment bankers said Czech
Railways has started looking at floating shares on the stock
exchange.
E15, page 1
HOME GAS PRICES: Gas suppliers RWE Transgas <RWEG.DE> and
E.ON <EONGn.DE> will raise household gas prices from June by 9.5
percent and 11.9 percent, respectively.
Hospodarske Noviny, page 20
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
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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>
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