PX index and current value
The PX index reached its historically highest values in 2007. But this was followed by a sharp drop as a result of the global economic crisis. The decline due to the coronavirus shock in March 2020 was similarly dramatic. Even thanks to the extremely loose policy of central banks, the domestic stock market quickly erased its losses at the time.
Prague Stock Exchange: summary of the last trading day
Today, the Prague Stock Exchange broke a streak of six consecutive declines. The PX index strengthened by 0.04 percent to 1316.8 points. At least a moderate growth was mainly helped by the strengthening of the shares of the Erste banking group. The securities of the ČEZ energy group mainly had the opposite effect on the index. This follows from data on the stock exchange website.
Shares of the semi-state energy group ČEZ today, as on Thursday, faced nervousness related to the draft law on the transformation of companies, which may make it easier for the government to push through the division of the company. “During the day, the shares fell well below the level of CZK 1,000, when they traded at the lowest with an almost six percent loss at the level of CZK 981,” described the morning’s development, broker Vladimír Vávra from Wood & Company. In the afternoon, however, CEZ’s issue stabilized and closed trading with a loss of 1.83 percent at the level of CZK 1,022 per share. On Thursday, ČEZ lost eight percent and closed with a price of 1,041 crowns.
Today, Komerční banka and the securities of the pharmaceutical chain Pilulka Lékárny were among the losers. Komerční banka shares fell by 0.53 percent to 652.50 crowns. The issue of Piluka Lékárna wrote off 3.16 percent, but its influence on the index was small due to the low volume of sales.
PX index and its base*
Originally Czech cyber security company will end on the Prague Stock Exchange. The reason is its takeover by the American company NortonLifeLock. The connection is supposed to cost about 190 billion crowns.
Česká zbrojovka Group
Uherskobrodský holding attracted the attention of investors especially by taking over the American company Colt Holding Company.
Energy company with a 70 percent state share. Investors expect relatively high dividends due to skyrocketing electricity prices.
First Group Bank
Austrian banking group operating, among other things, in the Czech Republic through Česká spořitelna. Investors hope that a possible increase in interest rates in the eurozone and the Czech Republic will help the group’s financial results.
Kofola Czech Republic
The beverage group founded in 2021 builds on, among other things, the pre-revolutionary popularity of the drink Fuck off.
A subsidiary of a French financial group Societe Generale.
Moneta Money Bank
The fourth largest bank in the Czech Republic is one of the most profitable stocks on the Prague Stock Exchange. However, Moneta’s business wants to take over the groups PPF.
Philip Morris CR
The Philip Morris International subsidiary is betting more and more on its heated tobacco product. It is said to be a less harmful variant of smoking.
The solar company was included in the PX index on March 22, 2021.
Stock Spirits Group
In addition to the Czech Republic, the British distillate manufacturer also operates in Poland, Italy and Slovakia.
Vienna Insurance Group
The Viennese insurance group is one of the largest in Central and Eastern Europe.
*As of September 20, 2021
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