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Czech Bourse May Open Market for Small Stocks, iHned Reports

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April 30 (Bloomberg) -- The Prague Stock Exchange plans to start a market for small and mid-sized companies, according to iHned, Hospodarske Noviny’s website, which cited unidentified people familiar with the matter.

The Czech unit of Raiffeisen Bank International AG, which is in charge of attracting potential issuers, is in talks with several companies about listing their shares, the newspaper said, adding that Czech brokerage Cyrrus AS is also involved in the project.

To contact the reporter on this story: Lenka Ponikelska in Prague at lponikelska1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net