Mediafax (Mediafax)
Markets  |  December 13, 2010 11:05:10

11.h - Prague Stock Exchange commenced growth, adding 0.4% PX


Mediafax

PRAGUE (MEDIAFAX) - The Prague Stock Exchange came into Monday's session growth, currently (10:45) PX attributed to 0.4 percent. It pulls up namely Erste Bank (+0,89%), preferably started KIT digital technology (+5,16%), while most market goes against the direction of Philip Morris tobacco (-0.73%).

Stock markets in the U.S. ended the week in green numbers, the broader S & P 500 (+0.6%) closed even at the highest level from 19 September 2008. Positive mood has shifted on Monday morning also to Asia, where Japan's Nikkei added 0.80 percent. "Prior to the weekend markets speculated that because of rising inflation, China will proceed to raise interest rates.However, China is taking this step the leap, and will continue to regulate financial market regulation through regulation of bank reserves. For markets, it was failure to raise the rate relief, "said Ondrej Moravanský, an analyst at Cyrrus.

Mostly growth also launched Europe. Dow Jones Euro Stoxx 50 attaches to 0.41%, German DAX strengthened by 0.36%, Hungarian BUX by 0.08%, the Austrian ATX 0.15%. The surrounding indices are an exception only Polish WIG 20 (-0.08%).

The PX index has yet to mend his ways level of 1186 points. The main driver of growth, Erste Bank (+0,89%, 849 CZK), of strong titles are doing well Commercial Bank (+0.30% 4 342 CZK). Go in the opposite direction O2 (-0.08% 384.70 CZK) and CEZ (-0.29%).

Tomas Cizek, cizek@mediafax.cz

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11.h - Pražská burza zahájila růstem, PX přidává 0,4%

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