Bloomberg News

Czech Stocks: Erste Group, Fortuna, Pegas Nonwovens Are Active

November 24, 2011

Nov. 24 (Bloomberg) -- The Czech Republic’s PX stock index snapped a seven-day decline, rising 0.9 percent to 852.4 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.

Fortuna Entertainment Group NV (FORTUNA CP) advanced 2.8 percent to 93 koruna, paring its loss this month to 3.4 percent. The Czech bookmaker’s shares were upgraded to “buy” from “hold” at Komercni Banka AS.

Unipetrol AS (UNIP CP), the country’s biggest oil refiner, rebounded from a three-month low, rising 0.9 percent to 171.45 koruna. Crude oil rose from a two-week low after a surprise drop in U.S. stockpiles, and as an unexpected advance in German business confidence countered concern that Europe’s debt crisis will hurt growth.

--Editor: Hellmuth Tromm

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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