Asseco, CEZ, PGE Shares May Move: Central Europe Equity Preview

The following is a list of companies whose shares may have unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close.

Poland’s WIG20 Index gained 0.2 percent, the Czech PX Index fell 0.1 percent and Hungary’s BUX Index dropped 1.2 percent.

Asseco Poland SA (ACP) : Central Europe’s biggest software developer had its share-price estimate increased to 68 zloty from 63 zloty at Raiffeisen Centrobank AG. Asseco climbed 1.2 percent to 51.45 zloty.

CEZ AS (CEZ) : The largest Czech electricity producer hasn’t yet decided whether to build a power plant next to its Mibrag coal mine in Germany, Hospodarske Noviny reported, citing an interview with Chief Executive Officer Martin Roman. CEZ shares added 0.4 percent to 934 koruna.

PGE SA (PGE PW): Shareholders of Poland’s largest power utility will vote June 29 on a government proposal to cap shareholders’ voting rights at 10 percent. The rule wouldn’t apply to any holdings that already exceed 10 percent. PGE shares declined 0.2 percent to 24.64 zloty.

To contact the reporters on this story: Pawel Kozlowski in Warsaw

To contact the editor responsible for this story: Gavin Serkin at

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