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Shares on Prague bourse extend growth, PX index gains 1.29 pct
[November 01, 2014]

Shares on Prague bourse extend growth, PX index gains 1.29 pct


(Czech News Agency Via Acquire Media NewsEdge) Prague, Oct 31 (CTK) Shares on the Prague Stock Exchange (BCPP) increased this morning led by the growth of Erste Group and the PX index rose by 1.29 percent to 977.28 points by 11:15, extending gain from Thursday, according to data on the bourse's website.



Erste Group increased by 3.27 percent to Kc564.50.

Erste posted a gain of more than 3 percent on Thursday already following the release of results for the third quarter. The operating profit and sales which the bank reported for the period were higher than expected.


Komercni banka increased by 1.61 percent to Kc4,737 after falling in the previous two days and insurer VIG rose by 0.8 percent to Kc1,047.

Power utility CEZ increased by 0.18 percent to Kc608.

In contrast, telecoms company O2 dropped by 0.84 percent to Kc248.90.

Tobacco company Philip Morris decreased by 0.28 percent to Kc9,869 The crown weakened by 9 hellers versus the dollar to Kc22.09/$ in the morning but versus the euro it strengthened by 1 heller to Kc27.77/EUR, server Patria Online said.

Rate of Czech crown: Previous close Today at 11:25 Kc/EUR 27.78 27.77 Kc/$ 22.00 22.09Source: Patria Online kou/er

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