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Czech Stocks: CEZ, Erste Group Bank, Komercni Banka Are Active

June 22 (Bloomberg) -- The Czech Republic’s PX stock index fell 0.8 percent to 895.30 by 1:15 p.m. in Prague, paring weekly gains to 1.1 percent.

The following are among the most active equities in the Czech market today. Stock symbols follow company names.

CEZ AS (CEZ CP), the country’s biggest power utility, slid 0.4 percent to 729.9 koruna, reducing its advance this week to 1 percent. Stocks and commodities declined as business confidence in Germany, where CEZ exports part of its output, fell to a two-year low, adding to signs the global economy is slowing.

Erste Group Bank AG (RBAG CP) of Austria fell 1.3 percent to 369 koruna and Komercni Banka AS (KOMB CP), the Czech unit of Societe Generale SA, lost 1.1 percent to 3,460 koruna. Moody’s Investors Service downgraded credit ratings for 15 of the world’s biggest banks, including Societe Generale.

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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