Stock markets today are slightly increasing

Western European stock indices are growing about 0.5-1%. Mood improvement is most evident in the shares of the financial sector, which at the beginning of the week sharply declined after the publication of an unexpected proposal to tax deposits of banks in Cyprus. Slightly enhances most other sectors. Growth also opened the American Stock Exchange and the Dow Jones once again attacking its historical maximum. Better than expected results help equities software company Adobe Systems, this reduction in profit outlook conversely shares hit by FedEx.

The Prague Stock Exchange shortly before the close of trading adds 0.1%. In line with developments in Western Europe are doing Erste Bank shares (1.2%), of multi bottom is also reflected CEZ slightly (0.3%). Approximately 1% of the shares grow Pegas Nonwovens.For this title we have now confirmed our buying advice and we increased our one-year target price from 550 CZK to 565 CZK per share. In combination with a decent dividend yield in our view is an attractive title whose growth potential has not been exhausted.

Author: Josef Dumb

Tyto zprávy pro vás vytváří Investiční bankovnictví KB.