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Prague continued to grow, EZ dog 1000 K

13.2.2023 16:35

The sign of a correctional movement and a willingness to take short-term profits after strong growth did not last long. The incident was quickly forgotten, and the stock market started to rise again at the beginning of the new week. The PX index posted a gain of 1.28% and closed just below the 1,400-point mark. Most of the day there is talk of the energy company EZ and speculation about the government’s decision regarding its transformation. In recent days, strong purchase orders have been visible on the market, today the traded volume reached 470 million kroner. During the two months of December’s local lows, the exchange rate increased by 37% and reached above the 1000 kroner mark. Today, the exchange rate increased by 3.58%. The stock last traded above the K1000 mark at the end of August. The death rate was evident in bank titles. Although Erste Group (+1.06%) corrected more than a 3% drop in returns, it is likely that it will not be so easy here with a return to last week’s highs. Komern banka (+0.81%) continued to oscillate around the 750K mark, where it is holding on to a monthly stop. Moneta Money Group was the only one to lose a bit, where the exchange rate weakened by 0.24%. Even the 600 K limit was visible at the Colt CZ Group armory, but the exchange rate did not last long at this limit and ended at 588 K with a profit of 0.34%. For society, it should be a distant analogue of full support for legitimate defense spending.

David Brzek, broker, Fio banka, us

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