Czech Stocks: CEZ, Telefonica Czech, New World Resources Move

The Czech Republic’s PX stock index rose 2 percent to 1,015.4 at its close in Prague, extending this week’s gains to 2.5 percent.

The following were among the most active equities on the Prague Stock Exchange today. Stock symbols follow company names.

CEZ AS (CEZ CP), the country’s biggest power utility, added 2.6 percent to 840 koruna, its highest in more than six months. Electricity for next-year delivery in Germany, where CEZ exports part of its output, rose 2 percent this week to 52.75 euros per megawatt-hour.

New World Resources Plc (NWR CP), the biggest Czech coking-coal producer, jumped 4.6 percent, the most since Feb. 2, to 159 koruna. Commodities rallied, lifting benchmark coal derivatives 1.3 percent to $114.25 a metric ton in the Netherlands.

Telefonica Czech Republic AS (SPTT CP) rose the most since October 2008, adding 7.2 percent to 392.2 koruna, after the phone company’s fourth-quarter profit beat analysts’ estimates.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE