Czech Stocks: Erste, New World Resources Move in Prague Trading
The following were among the most active stocks on the Prague Stock Exchange today. Stock symbols follow company names.
Erste Group Bank AG (RBAG) of Austria gained 4.7 percent to 348.7 koruna, after a 16 percent advance last week. Lenders led a rally in European stocks as Italian Prime Minister Mario Monti’s proposal to cut his nation’s debt boosted demand for riskier assets worldwide.
New World Resources Plc (NWR) , the biggest coking-coal producer in the Czech Republic, rose a second day, increasing 2.2 percent to 134.85 koruna. Europe’s benchmark coal derivatives increased 0.7 percent to $116 a metric ton, a two- week high, in the Netherlands.
To contact the reporter on this story: Krystof Chamonikolas in Prague at email@example.com
To contact the editor responsible for this story: Gavin Serkin at firstname.lastname@example.org