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Vienna Insurance Group Falls 4th Day, Leads Czech Stocks Lower

Vienna Insurance Group AG (VIG) fell for a fourth day, leading Czech shares lower.

The stock slid 1.3 percent to 829 koruna as of 3:46 p.m. in Prague, extending this week’s loss to 3 percent. The PX (PX) equity gauge, where VIG has a 13 percent weighting, fell 0.3 percent as the MSCI Emerging Markets Index slumped a sixth day after data showed manufacturing contracted in Europe and China, driving investors from riskier assets worldwide.

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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