Shares fall, Unipetrol shines

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Investiční bankovnictví KB

      Czech shares started new week again influenced by developments on foreign markets. Fifth consecutive losing week on Wall Street sent lower European equity markets, which also inspired domestic market players. The PX-D index lost 2.0% to 1,128.1 points in the morning. Cesky Telecom, CEZ and Komercni banka led the decliners. Cesky Telecom falls almost by 4%, CEZ and Komercni banka drop by 1.1% and 1.9% respectively. Komercni banka did not manage to hold the level of CZK 1,800. Only Unipetrol bucks the trend, driven by confirmation of the expectations Agrofert will not complete privatization of the company.

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