Investiční bankovnictví (Komerční banka)
World markets  |  January 21, 2013 16:30:21

European shares rise slightly, the PSE clotting slump Erste Bank

Western European stock indices are growing by a few tenths of a percent. Things are most sectors, but shares fall manufacturers of luxury goods, after the second largest company in the field of Cie Financiere Richemont announced unexpectedly weak sales. Trading activity on European exchanges is now below average among other reasons that the U.S. markets are due to celebrate Martin Luther King Day closed. Another reason investors are waiting on the results of today's meeting of finance ministers of the euro area and a meeting of the Bank of Japan, which ends tomorrow.

The PSE unlike major indexes significantly weakens. The decline in the index PX 1.2% decline is caused mainly by Erste Bank (-3.3%). For this report obviously still standing from last week's write-off of intangible assets in Romania for 300 million, which then turned into a growing trend.The Erste Bank is now added to most other titles on the Prague Stock Exchange, the most decreases media company CME (-2.6%), which is catching up with the loss of trading Friday on the Nasdaq. About 1% of the shares they strengthen the network AAA Auto.

Author: Josef Dumb

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