Bloomberg News

Czech Stocks: Erste Group Bank, Orco Property Group Are Active

May 28, 2012

The Czech Republic’s PX (PX) stock index fell to its lowest in more than five months, sliding 0.5 percent to 865.7 at the end of trading in Prague.

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

Erste Group Bank AG (EBS) of Austria gained 0.9 percent to 367.8 koruna, snapping a three-day drop. European shares rose and the euro strengthened after Greek opinion polls eased concern that the country will exit the euro.

Orco Property Group SA (ORCO) had its biggest two-day rally in almost three years as the developer in central Europe reduces its debt in a court-approved business overhaul. The stock climbed 13 percent to 78 koruna, adding to a 16 percent rally in the previous session.

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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