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REGIONAL INDICES
Warsaw WIG20 <> Bucharest Beti <>
Budapest SE Index <> Prague PX <>
Zagreb Crobex <> Sofia Sofix <.SOFIX>
Ljubljana SBI20 <> Istanbul ISE National 100
<>
1104 08Oct2008 Warsaw turns positive on rate cuts move
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Warsaw's main WIG20 index <> moved into the positive
territory after a coordinated interest rate cut by many of the
world's leading central banks. The index was up 1.3 percent
after losing as much as 5.2 percent earlier in the session.
rm://chris.borowski.thomsonreuters.com@reuters.net
0819 08Oct2008 Prague's PX index drops below 1,000 points
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Prague's main PX index <PX.> fell below 1,000 points for the
first time since Dec. 2004 as growing financial crisis continued
to unnerve investors.
The index has plunged 45 percent since the begining of the
year. By 0811 GMT, it fell 8.0 percent to 997.5 points.
rm://jana.mlcochova.thomsonreuters.com@reuters.net
0815 08Oct2008 MOL, OTP trade suspended after 10 pct drop
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Trade in Hungarian oil group MOL <MOLB.BU> and OTP Bank
<OTPB.BU> were automatically suspended for 10 minutes on the
Budapest bourse after their shares fell more than 10 percent.
OTP, fell 14.3 percent to its lowest level since October
2004 and was off 54 percent from its 12-month-high.
MOL, which last week completed a bid to become the biggest
shareholders in Croatia's INA <INA.ZA>, was off by 10 percent to
a 3-1/2 year low.
rm://balazs.koranyi.thomsonreuters.com@reuters.net
0738 08Oct2008 CEE indices at new lows on global woes
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Central and east European indices drop to new multi-year
lows with none of the largest stocks in the positive territory
in early trade as investors fretted over the global market woes.
Prague's PX index <> falls 7.7 percent to lowest since
December 2004, Budapest's BUX <> 5.6 percent to levels
unseen since October 2004. Warsaw's WIG20 <> loses 4
percent to hit the lowest since July 2005.
"Distrust rules markets. It's pure panic, there's nothing
that can be done," said Tomas Karban, a trader at Wood&Co.
The Czech bourse suspended trade in developer Orco
<> after a 26-percent drop. Other biggest losers are
miner NWR <NWRSsp.PR> (15 pct), developer JW Construction
<JWCA.WA> (11 pct) and refiner Unipetrol <> (10 pct).
rm://jana.mlcochova.thomsonreuters.com@reuters.net
0700 08Oct2008 Deutsche Bank cuts Emperia to 'hold'
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Deutsche Bank cuts Polish retailer Emperia <EDRO.WA> to
"hold" from "buy" and reduces its target price to 68 zlotys from
100.
Emperia shares fall 4.7 percent to 59 zlotys in early trade.
rm://chris.borowski.thomsonreuters.com@reuters.net
