Feb. 15 (Bloomberg) -- Erste Group Bank AG led Czech stocks higher after China’s pledge to invest in Europe’s bailout fund and better-than-expected economic data from Germany and France boosted demand for riskier assets.
Erste climbed 2.9 percent to 473.4 koruna by 9:37 a.m. in Prague, after yesterday’s 3.1 percent loss. That made it the best performer in the PX equity gauge today, which advanced 0.9 percent. Erste has a 22 percent weighting in the benchmark.
--Editors: Linda Shen, Peter Branton
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