Czech Stocks: Erste Group Bank, New World Resources Are Active

The Czech Republic’s PX (PX) stock index dropped 1.4 percent to 989.5 by the close of trading in Prague.

The following were among the most active equities on the Prague Stock Exchange today. Stock symbols follow company names.

Erste Group Bank AG (RBAG) of Austria fell 4.9 percent, the most in three weeks, to 449.2 koruna. Banks were among the biggest stock decliners in Europe today as a report confirmed a contraction in the euro-area economy and as investors weighed Greece’s chances of avoiding default.

New World Resources Plc (NWR) , the biggest Czech coking- coal producer, tumbled 4.6 percent to 146.8 koruna, its lowest close in a month. Commodities and mining companies fell as data from China to Europe and the U.S. signaled that economic growth is slowing. Benchmark coal derivatives declined 0.5 percent to $112.5 a metric ton in the Netherlands.

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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