Wednesday, March 5, 2008

New international stocks listed on off-exchange.

Today it's a first day of trading with new international stocks on Czech off-exchange. Up to now except of Czech companies there was possibility to invest money into two foreign stocks, Deutsche Telekom (DT) and Nokia (NOK). Now number has been increased by Microsoft (MSFT), ExxonMobil (XOM), Intel (INTC), McDonald's (MCD) and Volkswagen (VLKAY). In my view it is right timing for listing. Czech currency Koruna CZK is traded at all time high and there could be some correction ahead. Depreciation of CZK could improve investment as all those international stocks are converted in CZK.


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