Komercni Banka Climbs for Second Day, Leads Czech Shares Higher
Komercni Banka AS, a unit of Societe Generale SA, rose for a second day, leading Czech shares higher as speculation that China will introduce additional economic stimulus boosted demand for riskier assets.
The stock climbed 0.7 percent to 3,480 koruna by 9:38 a.m. in Prague, adding to a 2.2 percent advance yesterday. The PX (PX) index of 14 equities, in which Komercni Banka has an 18 percent weighting, gained 0.2 percent to 885.50.
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