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BREAKING NEWS

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

The Czech Republic’s PX (PX) stock index dropped 0.3 percent to 987.1 at its close in Prague, after earlier touching the lowest intraday level in two months.

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

Erste Group Bank AG (EBS) of Austria fell 1.1 percent to 443.6 koruna, a seventh day of losses and the lowest close since Feb. 1. Financial stocks were among the worst performers in Europe today after Federal Reserve Chairman Ben S. Bernanke said the U.S. recovery isn’t assured.

New World Resources Plc (NWR) , the biggest Czech coking- coal producer, fell to 134 koruna from 137.5 koruna yesterday as commodities plunged and the stock traded without the right to a dividend of 0.07 euros, equivalent to 1.7 koruna. Excluding the effect of the dividend, the stock slid 1.3 percent.

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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