Friday, June 29, 2007

Central European stock markets

Czech stock market index PX50 closed 0.84% up. Energetic CEZ rose 0.83% after fusion announcement with others energetic companies in region. Erste Bank rebounded previous declines and closed +2.33%.

In Hungary main trading activity goes around MOL which is as target of Austrian OMV enemy takeover. Shares lost -1.42% today. But still it has provided nice gain during recent week.

Polish bank PKO closing weaker -1.92% than yesterday after company informed about new eurobond emission. This bank looks for potential targets of expansion in Russia, Romania and Belarus.


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