Prague Stock Exchage fell weighted down by banks and telecommunications

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Investiční bankovnictví KB

      Domestic shares continued their slide on Tuesday with the PX-D index down by 1.0% to 1,149.5 points. The most liquid issues drove the market lower. Banks underperformed the market and the telecommunications sector also lost ground. Komercni banka fell by 1.7% and Erste Bank followed with a 1.2% slide. Cesky Telecom dropped by 0.8% and Ceske Radiokomunikace fell by 0.3%. Only the defensive plays Unipetrol and Philip Morris CR bucked the trend.

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