Czech Stocks: New World Resources, Orco Property Move in Prague
The Czech Republic’s PX (PX) stock index dropped 0.5 percent to 917.8 at its close in Prague, snapping two days of losses.
The following were among the most active equities on the Prague Stock Exchange today. Stock symbols follow company names.
Orco Property Group SA (ORCO) fell for a second day on concern a debt-to-equity conversion approved by some bondholders yesterday will dilute share value. The developer overhauling its debt under a court-approved plan lost 2 percent to 84.5 koruna.
To contact the editor responsible for this story: Gavin Serkin at firstname.lastname@example.org