Bloomberg News

Czech Stocks: Komercni Banka, New World Resources Shares Move

October 11, 2011

Oct. 11 (Bloomberg) -- The Czech Republic’s PX stock index fell for a second day, retreating 0.9 percent to 924.30 at its 4:28 p.m. close in Prague.

The following were among the most active equities on the Prague Stock Exchange today. Stock symbols follow company names.

Komercni Banka AS (KOMB CP), Societe Generale SA’s Czech unit, slumped 2.9 percent to 3,420 koruna, the biggest decline in a week. European stocks fell and the euro weakened against the dollar amid uncertainty that Slovakia will ratify an expansion of the euro area’s bailout fund.

New World Resources Plc (NWR CP), the biggest Czech coking- coal producer, slid 1.7 percent to 136.71 koruna, snapping a four-day rally. Europe’s benchmark coal derivatives declined 0.4 percent to $120 a metric ton in the Netherlands.

--Editors: Ana Monteiro, Tim Farrand

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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