CEZ Snaps Six-Day Rout, Leads Czech Shares Higher: Prague Mover
CEZ AS (CEZ), the biggest Czech utility, snapped six days of declines, leading gains for the country’s shares after pro-bailout parties won Greek general elections, boosting demand for riskier assets worldwide.
The stock climbed as much as 1.7 percent and traded up 1.4 percent to 733 koruna by 9:38 a.m. in Prague, after a 4 percent drop in the previous six sessions. The PX (PX) index of 14 equities, where CEZ has a 21 percent weighting, added 0.78 percent.
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