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

Erste Leads Czech Shares Lower as China Damps Stimulus Optimism

May 30 (Bloomberg) -- Erste Group Bank AG of Austria fell, leading Czech shares lower, as investors dumped riskier assets after China damped speculation that it will step up economic stimulus for the world’s second-largest economy.

The stock dropped 1.6 percent to 372 koruna by 10:48 a.m. in Prague, snapping a two-day gain. The PX index of 14 equities, in which Erste has an 18 percent weighting, fell 0.6 percent.

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.