Komercni Banka Retreats From Two-Month High as Czech Shares Drop

Komercni Banka AS (KOMB), a unit of Societe Generale SA, retreated from a two-month high, leading Czech shares lower.

The stock traded down 1 percent to 3,485 koruna by 9:40 a.m. in Prague, snapping a two-day rally. The PX (PX) index of 14 equities, in which Komercni Banka has an 18 percent weighting, declined 0.4 percent to 896.30.

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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