Komercni Banka AS, a unit of Societe Generale SA, and Austria’s Erste Group Bank AG (RBAG) led Czech shares higher as speculation that central banks around the world will ease monetary conditions boosted demand for riskier assets.
Komercni Banka rallied 2.8 percent to 3,550 koruna by 1:32 p.m. in Prague, a third day of gains. Erste added 1.6 percent to 384.2 koruna. The PX (PX) equity index, in which the two lenders have a combined 38 percent weighting, increased 0.8 percent.
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