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
Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics.
more »
The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs.
more »
Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China.
more »
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion.
more »
On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management.
more »
If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund.
more »
Euro report says currency provided protection from interest and exchange rate turbulence.
more »
Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent.
more »
The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe.
more »
The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months.
more »