Bloomberg News

Czech Stocks: AAA Auto, Erste Group, Komercni Banka Are Active

February 13, 2012

Feb. 13 (Bloomberg) -- The Czech Republic’s PX stock index climbed 2 percent to 1,010.4 by its close in Prague, erasing a 1.9 percent decline last week.

The following were among the most active equities in the Czech market today. Stock symbols follow company names.

AAA Auto Group NV (AAA CP) gained the most in almost four weeks, rising 3.2 percent to 18.6 koruna. The Czech used-car dealer may report a record profit for 2011 of more than 7 million euros ($9.3 million), Lidove Noviny newspaper reported today, citing Chief Executive Officer Anthony Denny.

Erste Group Bank AG (RBAG CP) of Austria jumped 2 percent to 475 koruna. Komercni Banka AS (KOMB CP), the Czech unit of Societe Generale SA, rose 2.9 percent to 3,710 koruna.

Global stocks rallied, with financial companies among the biggest gainers after Greek lawmakers approved a fiscal- austerity bill needed to secure emergency funding.

--Editors: Linda Shen, Peter Branton

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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