Bloomberg News

Czech Stocks: CEZ, New World Resources Move in Prague Trading

June 05, 2012

The Czech Republic’s PX (PX) stock index climbed for a second day, rising 1.2 percent to 874.6 by the end of trading in Prague.

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

CEZ AS (CEZ) , the biggest Czech power utility, added 1.1 percent to 741 koruna, its highest close in a month. Electricity for next-year delivery in Germany, where CEZ exports part of its output, rose 0.2 percent to 48.65 euros per megawatt hour.

New World Resources Plc (NWR) increased 5.6 percent, the most in four months, to 96.40 koruna, rebounding for a second day from its lowest in almost three years. The biggest Czech coking-coal producer was raised to hold from sell today at Komercni Banka AS.

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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