Bloomberg News

Czech Stocks: Erste Group Bank, New World Resources Are Active

May 11, 2012

The Czech Republic’s PX (PX) stock index slid 0.2 percent to 909.7 at its close in Prague, extending its retreat this week to 1 percent.

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

Erste Group Bank AG (EBS) of Austria fell 1.3 percent to 407.1 koruna, taking weekly losses to 3 percent, the biggest since the five days ended April 6. Lenders led global stocks lower after JPMorgan Chase & Co. reported a $2 billion trading loss and China’s industrial output unexpectedly slowed.

New World Resources Plc (NWR) dropped 0.8 percent to 118 koruna, ending the week down 3.3 percent. The country’s biggest producer of coking coal reached the lowest in almost three years two days ago. Europe’s benchmark coal futures contracts dropped 0.8 percent to $105.4 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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