Bloomberg News

Czech Stocks: CEZ, New World Resources Move in Prague Trading

May 10, 2012

The Czech Republic’s PX (PX) stock index jumped 2.1 percent, the most in three months, to 911.9 at the close of trading in Prague.

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

CEZ AS (CEZ) , the country’s biggest power utility, rose 0.7 percent to 714.9 koruna, snapping a five-day decline to its lowest since November 2011. The company reiterated an earlier forecast for full-year profit and confirmed a dividend today, overshadowing worse-than-expected profit for the first quarter.

New World Resources Plc (NWR) , the biggest Czech coking- coal producer, jumped 4.9 percent to 119 koruna, its steepest one-day advance in more than three months, after falling to a three-year low yesterday. Europe’s benchmark coal derivatives climbed 1.1 percent to $106.2 a metric ton in the Netherlands.

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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