Investiční bankovnictví (Komerční banka)
World markets  |  October 08, 2012 16:09:00

European shares entering the new week decline


Today, the Western European indices fall by about 1% due to fears of a slowdown in economic growth in Asia. The market is also evident some nervousness before the afternoon meeting of euro area finance ministers in Luxembourg. The biggest losses attributed to automakers, financial and commodity shares and weakens most other sectors. U.S. stocks are now closed due to a public holiday.

The Prague Stock Exchange shortly before the close of trading weakens by 0.3%, mainly due to 2% decline in shares of Erste Bank, which compensates for slight growth stocks KB or Telefonica Czech Republic. Jumper of the day are like the Friday real estate developer Orco shares (10%), which pulls up an unusually high demand on the Paris Stock Exchange. Are growing strongly also share AAA Auto (3%), which once again improved his season-high.Positive impetus for equities on Friday evening published development plan of the company for the next five years, which includes access to the markets of Hungary, Poland, and Ukraine, and estimated average annual revenue growth of 22%.


Author: Josef Dumb

Tyto zprávy pro vás vytváří Investiční bankovnictví KB.
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