Spanish stocks - Factors to watch on Monday

Mon Jul 11, 2011 6:00am GMT
 

MADRID, July 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

REE (REE.MC: Quote)

Power transmission company Red Electrica will analyse potential acquisitions in Portugal, the company's president told Expansion newspaper in an interview published on Saturday. The Portuguese government plans to reduce public debt by privatizing some state power companies.

BANKIA

Institutional investors have "committed" to buying 1.5 billion euros worth of shares in Spanish bank Bankia, which is on a road show ahead of its July 20 launch on the Spanish stock exchange, Expansion newspaper reported on Saturday. The newspaper did not cite sources for the information. Bankia aims to raise up to 4.2 billion euros in the listing.

For today's European market outlook double click on [.EU].   Continued...

Market Update

  • Africa
  • US
  • Europe
  • Asia
  • CAC40
UK £ USD =1.5834
Euro USD =1.2781
Rand USD =0.1214