CEE Morning Briefing: MOL To Hold Annual Shareholders Meeting
14 April 2016 - 12:35PM
Dow Jones News
By Margit Feher
TODAY'S CALENDAR
Local/GMT
1000/0800 MOL AGM
Shareholders of oil and gas company MOL Nyrt. (MOL.BU),
Hungary's largest company by revenue, will hold an annual meeting
Thursday, when they are expected to approve the board's proposal to
pay out a total of 55 billion forints ($201.2 million) in dividends
on 2015 earnings.
That's up from last year, when MOL paid a total of HUF50 billion
in dividends after its 2014 results.
This year's dividend payment proposal translates into a dividend
of about HUF567 a share, higher than market expectations of around
HUF495, which was what MOL paid last year, Hungarian brokerage
Equilor said.
FOREX
EUR/CZK
Latest 0150 GMT 27.000-64
Previous close 26.989-07
%Chg +0.04%
EUR/HUF
Latest 0150 GMT 310.82-1.36
Previous close 310.60-1.14
%Chg +0.07%
EUR/PLN
Latest 0150 GMT 4.2909-27
Previous close 4.2865-83
%Chg +0.10%
FIXED INCOME
Hungary
Wed Tue
3 yrs 1.54% 1.56%
5 yrs 2.12% 2.17%
10yrs 2.95% 2.99%
Poland
Wed Tue
3 yrs 1.47% 1.44%
5 yrs 2.23% 2.22%
10yrs 2.91% 2.89%
Czech Republic
Wed Tue
3 yrs -0.09% -0.10%
5 yrs 0.01% 0.00%
10yrs 0.42% 0.41%
STOCKS (Closing)
WIG 20
48124.56 +773.34 +1.63%
BUX
26412.03 +384.89 +1.48%
PX
895.6 +8.61 +0.97%
OTHER NEWS
POLAND: A Polish government plan to free local borrowers from
piles of Swiss-franc mortgage debt could see the central bank
saying goodbye to a large slice of its foreign-exchange
reserves.
Write to Margit Feher at margit.feher@wsj.com
(END) Dow Jones Newswires
April 13, 2016 22:20 ET (02:20 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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