Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

KGHM, Komercni, Rompetrol, OTP: Central Europe Equity Preview

Feb. 16 (Bloomberg) -- The following is a list of companies whose shares may undergo unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close.

Poland’s WIG20 Index advanced 0.3 percent, the Czech PX Index climbed 0.2 percent and Hungary’s BUX Index rose 0.5 percent.

Enea SA (ENA PW): Poland’s third-largest power utility may work with PKN Orlen SA (PKN PW) on one of the country’s biggest oil company’s shale gas exploration licenses, Dziennik Gazeta Prawna reported, without saying where it got the information. The two companies may sign a cooperation agreement within two months, the newspaper said. Enea fell 0.5 percent to 17.68 zloty and Orlen increased 0.4 percent to 36.16 zloty.

KGHM Polska Miedz SA (KGH PW): Shareholders of Canada’s Quadra FNX Mining Ltd. will probably support a $2.86 billion takeover bid made by Poland’s sole copper producer KGHM at a Feb. 20 general meeting, Rzeczpospolita reported today, citing Quadra Chief Executive Officer Paul Blythe. KGHM gained 0.2 percent to 135.3 zloty.

Komercni Banka AS (KOMB CP): Fourth-quarter net income at the Czech unit of Societe Generale SA fell to 2.43 billion koruna ($222 million), missing the 3.09 billion-koruna median estimate from 10 analysts surveyed by Bloomberg. The shares of the country’s third-largest lender declined 0.1 percent to 3,677 koruna.

OTP Bank Nyrt. (OTP HB): Hungary’s largest lender was cut to “neutral” from “buy” at UBS AG. The shares rose 2.4 percent to 4,026 forint.

Rompetrol Rafinare SA (RRC RO): Romania’s second-biggest oil refiner said its fourth-quarter consolidated net loss widened to $139 million compared with $59.6 million a year earlier. The shares slipped 0.5 percent to 0.414 leu.

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.