Wednesday, May 16, 2007

1. Czech Blue chips

In two posts I'd like to briefly introduce czech blue chip stocks which are part of index PX50. Let's start with heavily weighed stocks.

CEZ (28% weight at PX50) - energetic gigant is far the most growing company. 5 years ago market price was around 100CZK and nowadays it is more the 1000CZK. Main reasons are growing price for electricity and also acquisitions in Bulgaria, Romania and Poland.

ERSTE BANK (22%) - Used to be Ceska Sporitelna. After acquired by austrian Erste Bank. Now the biggest bank in Czech Republic. Stock price highly dependend on Erste shares on austrian stock exchange.

TELEFONICA o2 (17%) - Telecommunicaton company Cesky Telecom was as target for acqusition one year agou by spanish Telefonica. High dividend yield stock (9%).

CETV (6%) - Central European Media is listed also on NASDAQ. Sales are growing especialy in Czech Republic and Slovakia. Owner of mainstream TV channels.


2 Responses to "1. Czech Blue chips"

Rich Strehl said... May 16, 2007 at 10:14 PM

Great blog. I've been enjoying it.

Vlada, Czech Republic said... May 17, 2007 at 7:44 AM

Thank you Rich. Btw which markets are you trading?