Czech stock indices finished slightly higher on Friday in a second straight winning session.
Published:
29 May 2000 y., Monday
Czech stock indices finished slightly higher on Friday in a second straight winning session, recovering from morning losses and enhancing market hopes for better days to come. Dealers said next week will show whether the downward trend seen over the past two months may be ending.
The Reuters-HN-Wood index of the 10 most liquid shares rose 0.25 percent to 1,734.4 points, and the broad PX-50 index was up 0.12 percent at 573.2 points. For the week, the indices lost 1.3 percent and 1.0 percent, respectively. Volumes however remained at a low level. Turnover on the key SPAD segment fell to Kc852 million from 1.1 million on Thursday, both well below the long-term daily average of 1.8 billion. The trading was dominated by Cesky Telecom rising on foreign buy orders to 718 crowns, or by 0.7 percent. Komercni Banka firmed 1.7 percent to 824 followed by savings bank Ceska Sporitelna which rose 1.1 percent to 208.3.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
more »
MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday.
more »
On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic.
more »
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
more »
The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday.
more »
The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF).
more »
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
more »
The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.
more »
MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing.
more »
The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies.
more »