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Czech Stocks: Pegas Nonwovens, Vienna Insurance Move in Prague

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April 10 (Bloomberg) -- The Czech Republic’s PX stock index slipped 0.2 percent to 925.70 at the close of trading in Prague, the lowest in almost three months.

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

Pegas Nonwovens SA (PEGAS CP), the Czech maker of textiles used in healthcare and hygiene products, increased 0.3 percent to 433 koruna. Erste Group Bank AG raised the stock to buy from accumulate today, saying Pegas’s production may double by 2016.

Vienna Insurance Group AG (VIG CP) retreated 3 percent to 752.1 koruna, its lowest this year. Insurers were among the biggest equity decliners in Europe on signs the global economy is slowing and as Spain failed to halt a surge in funding costs.

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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