LISBON (Thomson Financial) - Market data at 9.47 am:
PSI-20 index: up 8.55 points at 12,656.38.
Major gainers:
-Brisa, up 0.08 eur at 9.47, as BPI analysts deemed positive news that its Brazilian affiliate CCR will bid for various concessions in a 7 bln eur highway project auction in Brazil today. Other bidders including OHL Brasil, Sacyr Vallehermoso's Somague unit and Acciona should provide strong competition, but the analysts said they believe each of the favourites, including CCR, should win at least one of the many concessions being tendered.
-EDP, up 0.03 at 4.16, recovering from losses yesterday as ESR analysts said news that the energy company has agreed to buy 190 wind turbines from India's Suzlon Wind Energy for its US subsidiary Horizon Wind was expected as EDP had announced it does not expect any problems in procuring wind turbines over the coming years.
-Media group Impresa, up 0.08 or 3.28 pct at 2.52.
Major fallers:
-Selected banks, with BPI down 0.11 or 1.74 pct at 6.23, and BCP down 0.02 at 3.23, both extending yesterday's weakness.
-Galp, down 0.08 at 11.42, adding to yesterday's losses. chico.laxmidas@thomson.com scl/ejp COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
PSI-20 index: up 8.55 points at 12,656.38.
Major gainers:
-Brisa, up 0.08 eur at 9.47, as BPI analysts deemed positive news that its Brazilian affiliate CCR will bid for various concessions in a 7 bln eur highway project auction in Brazil today. Other bidders including OHL Brasil, Sacyr Vallehermoso's Somague unit and Acciona should provide strong competition, but the analysts said they believe each of the favourites, including CCR, should win at least one of the many concessions being tendered.
-EDP, up 0.03 at 4.16, recovering from losses yesterday as ESR analysts said news that the energy company has agreed to buy 190 wind turbines from India's Suzlon Wind Energy for its US subsidiary Horizon Wind was expected as EDP had announced it does not expect any problems in procuring wind turbines over the coming years.
-Media group Impresa, up 0.08 or 3.28 pct at 2.52.
Major fallers:
-Selected banks, with BPI down 0.11 or 1.74 pct at 6.23, and BCP down 0.02 at 3.23, both extending yesterday's weakness.
-Galp, down 0.08 at 11.42, adding to yesterday's losses. chico.laxmidas@thomson.com scl/ejp COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2007 AFX News
