Bloomberg News

Czech Stocks: Erste Group, New World Resources Move in Prague

June 01, 2012

The Czech Republic’s PX (PX) stock index fell for a third day, sliding 0.7 percent to 859.2 in Prague, the lowest close since Dec. 19.

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 356 koruna, after a 15 percent drop last month. European stocks tumbled as China’s manufacturing growth slowed, euro-area unemployment climbed to record high and U.S. employers added fewer jobs than economists expected.

New World Resources Plc (NWR) , the biggest Czech coking- coal producer, slid 4.2 percent to 89.5 koruna, its lowest close in almost three years. Commodities tumbled, sending Europe’s benchmark coal derivatives down for a third day.

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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