Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Czech Stocks: CEZ, Erste Group Bank, Orco Property Group Move

Don't Miss Out —
Follow us on:

May 14 (Bloomberg) -- The Czech Republic’s PX stock index declined for a second day, closing down 1.8 percent to 893.2.

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 electricity company, dropped 1.1 percent to 710 koruna, snapping two days of gains. UBS AG added the company to its list of least-preferred stocks today, citing losses on the company’s investment in Albania.

Erste Group Bank AG (RBAG CP) of Austria slid 4.5 percent to 389 koruna, its lowest close in four weeks. Lenders were among the biggest stock decliners in Europe as the region’s financial crisis worsened with Greece failing to form a new government.

Orco Property Group SA (ORCO CP) slumped to a record low on concern a proposed conversion of debt into equity will dilute the share value. The developer in central Europe retreated 5.7 percent to 67.88 koruna.

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.