(adds Romania)
WARSAW, Oct 28 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Tuesday.
CZECH HOLDIDAY
Czech financial markets are closed on Tuesday for the
National Day holiday.
BECHTEL CORP
Romania's state road agency says repairs on Bechtel Corp's
Transylvanian highway works will cost 100 million euros, writes
Evenimentul Zilei.
ROMANIAN MERGERS AND ACQUISITIONS
Raiffeisen Investment Romania estimates that the value of
mergers and acquisitions in Romania fell by 70 percent in the
third quarter compared to the previous year, reaching 975
million euros, writes Ziarul Financiar.
POLISH BANKS
The Polish government may get the right to take stakes in
local banks as part of the bill drafted by the finance ministry
to help local lenders amid the global financial crisis,
newspaper Parkiet reports without giving sources.
HUNGARY
Hungary's ruling Socialist party on Monday gave its support
to a financing deal which the government plans to sign with the
International Monetary Fund (IMF) and which may lead to painful
spending cuts. []
DAIMLER
Daimler <DAIGn.DE> will go ahead with an 800 million euro
($995.4 million) investment to build a manufacturing plant in
Hungary, despite the global financial crisis, the German
carmaker said on Monday. []
KGHM
Poland's state-controlled copper producer KGHM <KGHM.WA>
said on Monday its trade unions had dropped plans to go on
strike on Nov. 5 and demands for wage increases. []
PBG SEES PROFIT RISE IN 2009
Poland's biggest builder PBG <PBGG.WA> expects net profit
and revenue to rise by "a few dozen percent" next year, with a
strong order book helping it weather the financial market
turmoil, its deputy chief told Reuters. []
EUROPEAN MARKETS
European shares were set to open lower, extending their
losing streak to a sixth day as fears of a deep recession
continued.
Financial bookmakers expected Britain's FTSE <> to open
down as much as 1.3 percent, Germany's DAX <> down 1.5
percent and France's CAC <> down 2 percent.
For the latest news on European markets, double click []
WALL STREET
U.S. stocks closed at their lowest levels in 5-1/2 years on
Monday, extending a global sell-off as worry about the severity
of a global recession and the bleak outlook for profits gripped
investors.
Trading was volatile and volume was light, with stocks
falling sharply in the last half hour of trading. With just four
days left in October, the S&P 500 is on track for its worst
month ever in the post-World War Two period.
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 <>
