AAA Auto Increases Second Day to Six-Month High Before Earnings

AAA Auto Group NV (AAA), a Czech chain of used-car dealerships, rose for a second day to a six-month high before the publication of 2011 earnings scheduled for tomorrow.

The stock jumped as much as 4.5 percent to 19.60 koruna, its highest since Sept. 27, and traded up 1.8 percent at 19.10 koruna by 3:40 p.m. in Prague. That made AAA Auto the best performer in the PX (PX) equity gauge, which fell 0.7 percent today.

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