Czech equities, as measured by the PX Index, were off by 6.1% in the past week and closed at 1,290.8. The overall volume of trading on the PSE reached USD 1,163.1m, 29,8% above its 12M weekly average of USD 1341.6m.
Basket selling at the beginning of the week hit the stocks. Only one stock managed to finish in positive territory during the past week. Developer gained 1.4%, in contrast with the other real estate company which ended the week weaker by 15%. The worst performance showed coal-mining with the decline of 16.4%. The most traded listing, CEZ, decreased by 4.8% despite positive CFO’s comment. declined similarly, its recommendation was downgraded by some brokers. Nice volume went through O2 CR as stock was traded last day with dividend rights on Friday (September 12). Komercni banka erased almost 6% and lost 3.7%.
will be traded last day with the dividend rights of EUR 0.28 on Tuesday (September 16). Also Pegas’s last day with dividend of EUR 0.85 per share is this Thursday (September 18).