WARSAW, Oct 31 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Monday.
ORCO
Orco Property Group <ORCO.PA> <> is considering
halting some of its planned project due to difficulties with
raising financing, a deputy chief was quoted as saying by
Hospodarske Noviny.
TRANSELECTRICA
Romanian power grid operator Transelectrica <TSEL.BX> will
indefinitely delay plans to list an additional 10 percent stake
on the bourse because of unfavourable contitions on capital
markets, Ziarul Financiar reports.
BANCA TRANSILVANIA
Romania's fourth largest bank Banca Transilvania <BATR.BX>
hired Merrill Lynch as a consultant for its sale, daily Ziarul
Financiar reports, citing banking sources..
Another financial daily, Business Standard, says Banca
Transilvania's board president Horia Ciorcila denied talks about
a potential sale.
ALTEX
Romanian retailer Altex revised its 2008 sales forecast to
360-370 million euros from an initial 430 million euros, mostly
due to a decrease in Romania's consumption, Ziarul Financiar
reports.
INA, MOL
The Croatian government has postponed talks with Hungary's
MOL <MOLB.BU> on a sale or swap of shares in Croatian oil group
INA <INA.ZA>, where the Hungarian company is the biggest single
shareholder and seeking a majority. []
JW CONSTRUCTION
J.W. Construction <JWCA.WA> Poland's largest homebuilder,
has abandoned its results forecast for 2008 due to the more
restrictive lending policy of banks, the company said in a
statement late on Friday. []
EUROPEAN MARKETS
European shares were set to open higher on Monday, tracking
gains in the U.S. market in the previous session and in Asia on
Monday, on hopes that recent measures to help the financial
sector would calm jitters.
Financial bookmakers in London expected Britain's FTSE 100
<> to open 68 to 84 points higher, or up nearly 2 percent,
Germany's DAX <> to open 95 to 123 points up, or as much
as 2.5 percent, and France's CAC-40 <> to open 45 to 57
points up, or as much as 1.6 percent higher.
For the latest news on European markets, double click []
WALL STREET
Wall Street hopes to turn a new page as it heads into
November, but this week is littered with hurdles ranging from
the U.S. presidential election to a likely gloomy jobs report.
Traders were more than happy to see the back of October, one
of the worst months in history for the broader market, and took
heart from the fact that it ended with one of the best weeks on
record.
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 <>