Tuesday, 21 January 2020


Sazka debt cut to D at S&P as lottery misses payment

Bloomberg |
14 January 2011

Sazka had its long-term debt rating downgraded to D from CC at Standard & Poor’s, which said the Czech lottery company that seeks to reorganise its debt missed a principal payment on its 2021 bonds.

ČEZ declines, ending Czech utility's longest rally in 10 months

Bloomberg |
11 January 2011

ČEZ, the Czech Republic's largest power utility, slumped from its highest since September, snapping its longest rally in 10 months. The stock fell as much as 4.7% and traded down 1.5% at CZK 826.4 by 10:10 a.m. Monday in Prague.

Manufacturing PMI rises to highest in more than 3 years on orders

Bloomberg |
4 January 2011

Czech manufacturing expanded the most in more than three years in December as inflow of new orders accelerated, an industry gauge showed.

Shoppers end year in style with champagne, wide-screen TVs

Bloomberg |
27 December 2010

Czech holiday shoppers are snapping up Moet champagne, designer chocolates and Lego play sets as renewed economic optimism boosts demand for branded goods this year.

Czech stocks head for best month this year as Erste, NWR rally

Bloomberg |
23 December 2010

The Czech benchmark stock index rose for a third day, heading for its biggest monthly rally since July 2009, as Erste Group Bank AG and coal miner New World Resources NV jumped to the highest in at least seven months.

Czech stocks rise to 7-month high as China acts on Europe crisis

Bloomberg |
22 December 2010

The Czech Republic's benchmark stock index rallied to its highest in more than seven months, led by banks, as China said it has taken steps to help Europe limit its debt crisis, boosting demand for riskier assets.

Central banker sees stable rates in most of 2011, E15 says

Bloomberg |
14 December 2010

Czech interest rates will probably remain stable for "a majority" of 2011, central bank Vice Governor Vladimír Tomšík said in an interview with newspaper e15.

Policy maker Holman sees earlier interest rate increase on growth

Bloomberg |
13 December 2010

Czech policy maker Robert Holman expects the central bank to start increasing interest rates earlier than suggested in its outlook as the economy will probably grow faster than forecast.

Czech GDP growth accelerates to fastest in 9 quarters

Bloomberg |
10 December 2010

The Czech economy grew at the fastest pace in nine quarters in the three months through September on rising household spending, investment and restocking of inventories. Gross domestic product rose an annual 2.8%, less than the preliminary 3% expansion released in the flash estimate on 12 November, the statistics office in Prague said on its website Thursday.

Czech stocks extend biggest monthly drop since June; banks fall

Bloomberg |
1 December 2010

Czech stocks fell for a third day, extending their biggest monthly selloff since June, as Erste Group Bank and Komerční Bank declined more than 1%.

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