Bloomberg News

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

May 30, 2012

The Czech Republic’s PX (PX) stock index slid 0.2 percent to 876.70 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 (RBAG) of Austria lost 2.1 percent to 369.9 koruna, snapping a two-day gain. Lenders were among the biggest stock decliners in Europe as Spain struggled to bolster its banking industry and Italy’s funding costs rose in an auction.

New World Resources Plc (NWR) , the biggest Czech coking- coal producer, fell 5.8 percent to 97 koruna, its lowest close in almost three years. Commodities tumbled, sending Europe’s benchmark coal derivatives down 1.3 percent to $100.75 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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