Bloomberg News

Czech Stocks: Erste Group Bank, Orco Property Group Active

May 25, 2012

The Czech Republic’s PX (PX) stock index fell 1.1 percent to 869.6 at its close in Prague, paring weekly gains to less than 0.01 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 slid 1.2 percent to 364.5 koruna, paring gains this week to 0.4 percent. The euro touched its weakest since July 2010 versus the dollar and bank shares were among the worst performers in Europe as concern rose Spain’s regional governments may lose access to capital markets.

Orco Property Group SA (ORCO) increased 15 percent to 69 koruna, rebounding from a record low. The developer in central Europe earlier rallied as much as 21 percent, the most since 2009, after saying it returned to profit in the first quarter.

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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