Bloomberg News

Bogdanka, Eurocash, Petrolinvest: Central Europe Equity Preview

January 09, 2012

Jan. 9 (Bloomberg) -- The following is a list of companies whose shares may undergo unusual price change in central European market trading. Stock symbols are in parentheses after company names. Share prices are from the last close.

The Czech PX Index fell 0.8 percent and Hungary’s BUX Index lost 0.7 percent. The Warsaw Stock Exchange was closed on Jan. 6 for a public holiday.

Lubelski Wegiel Bogdanka SA (LWB PW): Poland’s second- largest publicly traded coal producer expects net income to exceed 230 million zloty ($65 million) in 2012, Chief Executive Officer Miroslaw Taras was quoted as saying by Rzeczpospolita newspaper. Bogdanka fell 0.5 percent to 110.5 zloty on Jan. 5.

Eurocash SA (EUR PW): Poland’s biggest distributor of non- durable consumer goods was rated “buy” in new coverage at UBS AG. Eurocash fell 1 percent to 28.72 zloty.

Petrolinvest SA (OIL PW): Shareholders of the Polish company that’s drilling for oil in Kazakhstan will vote on Jan. 31 on increasing capital by 400 million zloty to 600 million zloty, Petrolinvest said in a regulatory statement. Its shares jumped 6.1 percent to 3.12 zloty.

--Editors: Ash Kumar, Claudia Maedler

To contact the reporter on this story: Pawel Kozlowski in Warsaw pkozlowski@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


Steve Ballmer, Power Forward
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus