January 4, 2018 / 7:24 AM / 2 months ago

Czech Republic - Factors To Watch on Jan 4

    PRAGUE, Jan 4 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday.
           
    ALL TIMES GMT (Czech Republic: GMT + 1 hours)         
=========================ECONOMIC DATA==========================
    Real-time economic data releases....................        
    Summary of economic data and forecasts...........           
    Recently released economic data..................           
    Previous stories on Czech data.............                 
  **For a schedule of corporate and economic events: 
    here#/2E/events-overview
 
=========================NEWS===================================
       
    CEFC: The Czech National Bank has issued an initial decision
to reject a request by Chinese investment group CEFC to raise
its stake in Czech-based privately held J&T Finance Group (JTFG)
to 50 percent from 9.9 percent, a source with knowledge of the
process said on Wednesday.
    Story:              Related stories:                   
    
    BUDGET: The Czech central state budget ended 2017 with a
6.15 billion crown ($289.5 million) deficit, narrower than
planned due to higher tax income but falling short of a second
straight surplus. 
    Story:              Related stories:                  
    
    CEZ: A group of minority shareholders in Czech power utility
CEZ           that is critical of company strategy has built a
more than 1 percent stake, giving it the ability to more
aggressively defend its interests, a representative of the group
said.
    Story:              Related stories:                   
       
    FORTUNA:  Fortuna Entertainment Group's           majority
shareholder, Fortbet Holdings Limited, will launch an offer for
the company at 182.50 crowns per share, the Czech betting
company said on Wednesday.
    Story:              Related stories:                    
    
    CENBANK: Czech central bank minutes from the Dec 21 meeting
showed board members Hampl and Benda voted in minority for rate
hike.
    Story:              Related stories:                  
    
    CEE MARKETS: The zloty rebounded on dollar selling after an
initial fall on Wednesday, even though Poland reported a plunge
in inflation which may curb bets for central bank rate hikes
late this year.
    Story:              Related stories:                    
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2018
 vs Euro                  25.498     25.54     0.16       0.11
 vs Dollar                21.19      21.307    0.55       0.41
 Czech Equities        1,086.75   1,086.75     0.29       0.8
 U.S. Equities        24,922.68  24,824.01     0.4        0.82
 Pvs close or current levels vs prior domestic close at 1600 GMT
***For real-time stock market index quotes click in brackets:
   Warsaw WIG20          Budapest BUX        Prague PX      
    For updates on CEE currencies                             
    TOP NEWS -- Emerging markets                              
=========================PRESS DIGEST==========================
    SKI: Slovak resort operator Tatry Mountain Resorts         
began its 10-year lease of the Jested ski area in the north of
the Czech Republic and plans to invest 700 million crowns.
    E15, page 6
            
  (Reuters has not verified the stories, nor does it vouch for
their accuracy.)    
    Prague Newsroom: +420 224 190 477
    E-mail: prague.newsroom@thomsonreuters.com

 (Reporting by Prague Newsroom)
  
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