Friday, February 1, 2008

Zentiva leading stock market.

Today in Prague Zentiva gained more than 8% and ended up the week 20% higher. Shares went all that way down after two disappointing quarters. But obviously buyers found the way back. Positively is seen share increase from investment group PPF up to 19,1%. Major shareholder is still Sanofi Aventis (SNY) with 24,9%.

Also Erste Bank grew up sharply by 5%. But there is potential risk for subsidiary company in Romania, BCR. Depreciation of Romanian Leu against Euro could negatively affect redemption of Euro loans. From 14th of February Erste Bank shares will listed also on Bucarest Stock Exchange. Another today's leader. Central European Media (CETV) finished trading session 7% higher.


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