Investiční bankovnictví (Komerční banka)
Czech markets  |  August 17, 2012 16:00:00

European stock markets at the end of the week to grow five-month highs

European stock markets at the end of the week rising to a five-month highs. Things are, however, most sectors except pharmaceuticals. The optimism of investors got a new doping by the German Chancellor, which again support the ECB in resolving the debt crisis, which is equivalent to acceptance of intervention on the government bond market. Results such as the season went on numbers Swiss insurance company Swiss Life, which beat estimates and its shares have attributed more than 2%. The agreement with the unions helped more pronounced gain airlines, Air France-KLM. Violence on the South African platinum shares down further clotting mining company Lonmin, which has weakened this week about things than 15%.
The prevailing positive mood is also reflected on the Prague Stock Exchange.The growth index PX in particular gains Erste Bank, which, like other European banks are benefiting from growing support for stimulus measures by the ECB. Significantly strengthen the CME and AAA Auto.

Author: Miroslav Adamkovic

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