Shares strengthened, Zentiva closed below IPO price

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Investiční bankovnictví KB

      Prague Stock Exchange moved up on Friday, the PX-D index rose by 0.5% to 1,986.0 points. Investors targeted mainly CEZ, Cesky Telecom. CEZ rose by 0.7% and it is close to its all-time high of CZK 197.80 from April this year. Cesky Telecom added 1.5% but still finished below CZK 300. Komercni banka was the most actively traded issue inching up only 0.1%. Zentiva was under selling pressure losing 3.1%. It closed below its IPO price of CZK 485.

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