Bloomberg News

Czech Stocks: Erste Bank, Komercni, Telefonica Czech Active

February 14, 2012

Feb. 14 (Bloomberg) -- The Czech Republic’s PX stock index fell 0.6 percent to 1,004.7 at its 4:28 p.m. close in Prague, after rising 2 percent yesterday.

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

Komercni Banka AS (KOMB CP), a unit of Societe Generale SA, slid 0.8 percent to 3,680 koruna and Austria’s Erste Group Bank AG (RBAG CP) dropped 3.1 percent to 460.3 koruna. Moody’s Investors Service cut its debt ratings on six euro-area nations and said it may downgrade the U.K., France and Austria.

Telefonica Czech Republic AS (SPTT CP) closed unchanged at 376 koruna, after earlier rising as much as 1 percent. The phone company was raised to “hold” from “sell” at KBC Securities.

--Editors: Peter Branton, Robert Valpuesta

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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