CEE Morning Briefing: Magyar Telekom Holders to Approve Dividend

By Margit Feher

 
TODAY'S CALENDAR 
Local/GMT 
1100/0900 Magyar Telekom AGM 
 

Shareholders in Magyar Telekom Nyrt. (MTELEKOM.BU), Hungary's largest telecommunications company, will hold their annual meeting Tuesday. They are expected to approve the board's proposal for a dividend of 15 forints ($0.06) a share on last year's earnings.

The company, which is majority-owned by Deutsche Telekom AG (DTE.XE), last paid a dividend from its 2012 earnings at HUF50 a share.

 
FOREX 
 
EUR/CZK 
Latest 0250 GMT 23.661-711 
Previous close 23.668-718 
%Chg -0.03% 
 
EUR/HUF 
Latest 0250 GMT 272.96-3.36 
Previous close 273.04-44 
%Chg -0.03% 
 
EUR/PLN 
Latest 0250 GMT 3.7470-75 
Previous close 3.7488-93 
%Chg -0.05% 
 
 
FIXED INCOME 
 
Hungary 
          Mon    Fri 
3 yrs    1.57%  1.59% 
5 yrs    2.17%  2.23% 
10yrs    2.99%  3.07% 
 
Poland 
          Mon    Fri 
3 yrs    1.46%  1.46% 
5 yrs    2.22%  2.22% 
10yrs    2.88%  2.89% 
 
Czech Republic 
          Mon    Fri 
3 yrs   -0.11% -0.11% 
5 yrs   -0.03% -0.03% 
10yrs    0.37%  0.37% 
 
STOCKS (Closing) 
 
WIG 20 
47,476.31 -79.72 -0.17% 
 
BUX 
26,268.42 -245.03 -0.92% 
 
PX 
893.6 -5.77 -0.64% 
 
OTHER NEWS 

HUNGARY: Hungary's government on Monday backtracked on an unpopular law banning most retail stores from opening on Sundays, as it seeks to avoid a vote on the matter that it said threatened to distract voters ahead of a referendum on the European migrant quotas.

Write to Margit Feher at [e-mail]

(END) Dow Jones Newswires

April 11, 2016 22:11 ET (02:11 GMT)

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