Prague in ervenm, EZ at the border 900 K
5/9/2022 4:19 PM
At the beginning of the week, traders on the European markets were full of enthusiasm. Sentiment was influenced by information from the end of last week, when it was announced that gas supply via NS1 had been restored. The open European index was down by about 3%, during the day the dolo market fell and the main indices lost roughly 2% shortly before the end of the day. It must be noted that last week’s stock was on a very optimistic note, and the German DAX index fell by more than 3%. The Prask stock market did not grow at all and the PX index fell by 1.16%, so the performance compared to the development in Europe shows a higher result. He was under pressure in Prague according to EZ. The signs of the upcoming measures, which should be implemented at the EU level to overcome the energy crisis, gradually disappear, but the details are still scarce. Today, EZ reached a local minimum at the 900 K mark and was weak by 3.95%. After Thursday mornings, the banking houses finally ended the day for a relatively long time. Erste Group even sent by 0.7% to 554 K. Komern banka drank by a meager 0.52%. The possibility of capping electricity prices at the level of EU tariffs and related measures is a question of whether the local government will want to get involved in any new taxes in distant sectors. The most significant loss was recorded in the banking sector by Moneta, which lost 1.2% to 73.30 K. On the other hand, shares of the arms company Colt CZ Group (-1.48%) were flat on the day, while dl Kofola (-2.54%) lost on low volume ).
David Brzek, accountant, Fio banka, a.s