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
The European Commission launched "The ocean of tomorrow " call for research proposals. Oceans cover about 70% of the Earth's surface, but human activity is increasing environmental pressure on them.
more »
The EBRD is stepping up its support to the real economy in Georgia with new funds for on-lending to local businesses.
more »
Lithuania’s Ambassador to Germany and Special Representative for EU External Relations in the German Foreign Office discussed the situation regarding the decision of private credit insurance company in Germany Euler Hermes to apply the rating of a maximum risk country for Lithuania.
more »
Peter Reiniger Business Group Director for Central Europe and the Western Balkans from the European Bank for Reconstruction and Development visited Latvia to sign subordinated loan agreement with Parex banka.
more »
The European Commission has approved 16 programmes in 12 Member States to provide information on and to promote agricultural products in the European Union.
more »
New measures to help farmers through recession as milk prices tumble.
more »
Federal Reserve Chairman Ben Bernanke said the outlook for the long-suffering U.S. economy appears to be improving.
more »
The Swiss Government and the EBRD are providing €11.8 million to improve the supply of water to some 1 million people living in Bishkek, the capital of the Kyrgyz Republic.
more »
The Neighbourhood Investment Facility (NIF), a key instrument of the intensified European Neighbourhood Policy (ENP), will benefit in 2009 from a €70 million contribution by the European Commission.
more »
In response to the impact of the global crisis on the Romanian construction sector, the EBRD is supporting Lafarge Ciment (Romania) S.A. with a €20 million loan in Romanian lei to finance the company’s operations and to support its working capital requirements.
more »