Czech Stocks: CEZ, Erste Group Bank, Komercni Banka Are Active
The Czech Republic’s PX (PX) stock index fell 0.8 percent to 895.30 by 1:15 p.m. in Prague, paring weekly gains to 1.1 percent.
The following are among the most active equities in the Czech market today. Stock symbols follow company names.
CEZ AS (CEZ) , the country’s biggest power utility, slid 0.4 percent to 729.9 koruna, reducing its advance this week to 1 percent. Stocks and commodities declined as business confidence in Germany, where CEZ exports part of its output, fell to a two- year low, adding to signs the global economy is slowing.
Erste Group Bank AG (RBAG) of Austria fell 1.3 percent to 369 koruna and Komercni Banka AS (KOMB) , the Czech unit of Societe Generale SA, lost 1.1 percent to 3,460 koruna. Moody’s Investors Service downgraded credit ratings for 15 of the world’s biggest banks, including Societe Generale.
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