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  European Factors to Watch-Shares seen opening flat to higher REUTERS   
 

LONDON, Aug 20 (Reuters) - European shares were set to open flat to higher on Monday after a major index hit a 13-month peak in the previous session, with investors seen consolidating their recent gains and waiting for some important events before placing further strong bets.

Greek Prime Minister Antonis Samaras will meet the leaders of France and Germany this week. Analysts say he is keen to soften the impact of budget cuts on the society by extending the deadline set by its international lenders. The European Central Bank is scheduled to have a policy meeting in early September.

Financial spreadbetters predicted Britain's FTSE 100 and France's CAC-40 both to open flat and Germany's DAX to rise 13 to 21 points, or as much as 0.3 percent.

The FTSEurofirst 300 index rose 0.5 percent to 1,110.16 points on Friday to close at a 13-month high, extending its longest weekly winning streak in seven years, on hopes of more policy stimulus and that euro zone policy makers were inching closer to concerted action to tackle the region's debt crisis.

"Despite the equity markets putting in a phoenix like rally sine early June, some weaker bulls may be feeling hot under the collar. With the recent rally testing the extent to how much one can price in further rounds of stimulus, possible upsets could be ahead if nothing is delivered," Capital Spreads said in a note.

--------------------------------------------------------------------------------

* Shares ease after recent gain, policy bets persist

* S&P 500 up for 6th week; fear index hits 5 yr low

* Nikkei edges higher, risk appetite still robust

* Yields slip as August price reductions draw buyers

* Yen hits 5-week low vs dollar, euro stuck for now

* Brent crude rises above $114

* Platinum extends gains on Lonmin strike, gold steady

* Copper falls as euro zone optimism on hold

Index Watch BSESX | NSEIX 
 International Markets - Oct 28
 NASDAQ 2604.04 -53.39
 DJIA 11504.62 -72.43
 Index - May 22, 4:05 PM
  Current Change
  NIFTY 6094.50 19.60
  SENSEX 20062.24 49.37
  Top Movers
 
 BSE - May 22, 4:00 PM A  B1  B2  
 Company Name
 Current 
 Change % 
 Castrol India L
342.95
3.80
 GlaxoSmithkline
4925.80
3.76
 United Spirits
2484.05
3.08
 Crompton Greave
108.35
3.04
 Sun Pharmaceuti
1001.90
2.90
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 Top Movers
 NSE - May 22, 3:51 PM
 Company Name
 Current 
 Change % 
 Kavveri Telecom
34.60
19.93
 Tinplate Compan
45.10
11.22
 Sah Petroleums
20.40
11.17
 Gallantt Metal
18.05
10.74
 Bihar Caustic &
88.15
7.76
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 Worst Shakers
 BSE - May 22, 4:00 PM A  B1  B2  
 Company Name  Current   Change % 
 India Cement Lt
76.05
10.16
 Voltas Ltd.
83.70
6.01
 Larsen & Toubro
1517.10
5.57
 Steel Authority
59.00
4.53
 Raymond Ltd.
296.75
4.01
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 Worst Shakers
 NSE - May 22, 3:43 PM
 Company Name
 Current 
 Change % 
 Kanani Industri
16.65
10.00
 India Cement Lt
76.00
9.90
 Tantia Construc
28.10
9.65
 Four Soft Ltd.
13.25
9.25
 Lokesh Machines
18.80
9.18
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 Top Volume
 BSE - May 22, 3:43 PM  A  B1  B2  
 Code 
 Current 
 Volume 
 Idea Cellular L
130.80
5751036
 Housing Develop
56.35
4539721
 Unitech Ltd.
28.30
3460070
 Reliance Commun
109.85
3442411
 Reliance Power
78.30
3375555
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 Top Volume
 NSE - May 22, 3:43 PM
 Code
 Current 
 Change 
 Unitech Ltd.
28.30
32712484
 Jaiprakash Asso
73.40
30218804
 Housing Develop
56.30
18229743
 Reliance Commun
109.80
14586235
 Industrial Fina
27.75
13822800
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