Komercni, Erste Lead Biggest Gain for Czech Shares in Four Weeks

Komercni Banka AS (KOMB), Societe Generale SA’s Czech unit, and Austria’s Erste Group Bank AG (RBAG) led the steepest gain for Czech shares in four weeks on speculation policy makers around the world will stimulate economic growth.

Komercni Banka jumped 3.4 percent to 3,330 koruna, headed for a fifth day of gains. Erste rose 2.2 percent to 374 koruna. The 14-member PX (PX) index, in which the two lenders have a combined 35 percent weighting, added 1.5 percent, the most since May 10.

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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