Ranní komentář 24.07.- obavy zš zahraničního vývoje

  We see the market trading lower today as many investors are scared from the curent situation on the global markets.

* CESKY TELECOM: Consortium of CVC Capital Partners, Spectrum Equity Investors and Swisscom allegedly lowered its bid for C.TELECOM. The Deutsche Bank cons. allegedly confirmed its bid of CZK 55bil (CZK 335 per share). The government is to review the bids today.

* CEZ finally signed a contract with Ceska Konsolidacni Agentura on the purchase of 2% stake in the power distributor Zapadoceska Energetika (ZCE) for CZK 196m. CEZ will thus obtain majority in 5 out of 8 power distributors.

* MACRO - The Finance Ministry cut its 2002 GDP growth forecast to 3.0% from a 3.4% 3 months ago, and slashed its 2002 inflation forecast to 2% y-o-y from 3.3% y-o-y. The Ministry also increased forecast of 2002 public finance deficit to 9.7% of the GDP from 8.9

* CESKA POJISTOVNA: The Board of Directors of the insurer proposes a gross dividend of CZK 340 per share to be approved at the EGM on August 7.

* MACRO: Foreign trade data for June and revisions for May were released yesterday.


Kompletní ranní komentář naleznete ZDE (format pdf)