Friday, July 13, 2007

Week summary at Czech stock exchange. Mittal Steel is leading.

Boarder czech index RM (RM-SYSTEM exchange) lost almost 1%. Index has been drag down heavily weighed energetic CEZ (BAACEZ) -2%, after company was delisted by UBS from "top three picks" in central and eastern Europe region. At the end of the week shares were rebounded due to upgrade from analysts Credit Suisse. with target price CZK 1300. My favourite Unipetrol (BAAUNIPE) gained 3% and was among leaders for this week and cross above psychological CZk 300 which I post earlier as my target price. Leader is Mittal Steel Ostrava with 16% after management changeover.

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