Of the macro data released this week, the sentiment indicator is worth mentioning SMEsthat did not disappoint and Ifo index, which fell sharply below estimates. IN USA the number of aid applications decreased in unemployment, at its lowest level in many months. Stock market sentiment continued to be affected by the war Ukraine with various messages about possible sanctions.
American market
The main S & P500 index regularly alternates weaker and stronger sessions since the beginning of the week. From Monday to Thursday it strengthened by + 1.28% (4520.16 points). Today it opens by about two tenths in the plus. However, a short time about it all profits came. With such volatile trading, it is very difficult to estimate what the account will be at the end of today’s trading. For the whole week, even before today’s probable loss, he could add less than a percentage.
The European index STOXX Europe 600 is losing slightly today (-0.08%, 452.72 points) shortly before the end of trading. For the whole week, it will be a slight loss of about 0.4% and a correction of growth in the previous two weeks.
Today Prague Stock Exchange, unlike most European markets, weakened. Main index PX lost 0.22% (1,346.48 points). If we start with the titles that managed to strengthen, it was the best Czech Zbrojovka (+0,98
%, 618 CZK), which is still benefiting from yesterday’s strong results (below). She followed
insurance company VIG (+0,60 %, 588 CZK) a Avast (+0,15 %, 172 CZK). Other companies were losing ground on the Prague floor today. Moneta banks lagged the most (-0.67%, 89 CZK), Commercial Bank (-0,58 %, 854 CZK) a First Group Bank (-0,49 %, 813 CZK).
Weekly performance
Index PX scored +1.48% this week (1,346.48 points)
She had the highest share of it Czech Zbrojovkawhich published results for 4Q21 /2021 (see below). Apart from Wednesday, it strengthened every day of the week and overall gained + 5.46% (618 CZK). Moneta followed when the proposal was approved dividends from the regulator (see below) strengthened decently, especially at the beginning of the week. In total, it improved by + 3.73% this week (89 CZK). Before the report economic results over the past year (see below) they have also grown decently shares Philip Morris CR +2,26 % (17 180 CZK).
For the whole week, only the price corrected Commercial bankswhich without reports weakened by 0.76% (854 CZK). This partially corrected the massive growth by + 12.34% in the previous week.
Substantial price – setting reports from Prague Stock Exchange
Results for 4Q21 and the whole year 2021 published Czech
armory. It announced significant year-on-year growth[BM1] behind which is high demand and consolidation of the acquired Colt. The outlook for this year is also very strong, it also surprised positively
dividenda, respectively its proposal. More is in our comment here https://bit.ly/CZG_2021_review.
Moneta received approval CNB k payroll dividends in the amount of 7 CZK in action. Dividend must be approved by the shareholders at the general meeting, which should take place in the week of April 25 2022. You can find more here https://bit.ly/Moneta_CNB21divi_CZ.
What can be expected next week?
In addition to the war on Ukrainev Tuesday publish results
Philip Morris CR. Because it is dividend title, the most watched will be the proposal dividends. We estimate 1,310 in our projections CZK in action. You can find more here https://bit.ly/PMCR_2H21_preview.
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