AGAINST USA was published inflate in the manufacturing sector (PPI) and showed lower growth. Along with consumer inflation (CPI) released last week might appear to be easing inflationary pressures. Retail
enough overseas were better than expected, indicating the resilience of demand to
inflation. However, the main thing was heard from He fed you. Several governors let it be known that there would be no turnaround in monetary policy – high rates. Which for
action not quite the best.

German ZEW showed an improvement in investor sentiment.

American market

From Monday to Thursday, the S&P500 index lost 1.16% (3946.56 points). Still in Tuesdaywhen the S&P500 strengthened it was almost touching border 4 thousand. points. In the end, he went down to v Friday started to grow again. Today it opens over half a percent higher and is approaching 4,000 trades again, however today it is volatile. In a whole week, it will probably end up slightly below this one
border and writes off less than a percent.

European stock markets

The STOXX Europe 600 index fell for only the third and fourth days this week. Today, shortly before the end of trading, it is growing around a percent (+0.99%, 432.64 b.). For the whole week, it will probably be a moderate growth (+0.09%) and the growth streak will not be broken. This should be the fifth consecutive week of growth.

Prague Stock Exchange

Friday

Today Prague Stock Exchange she was strengthening. Main index
Prague Stock Exchange PX today it strengthened by +0.36% (1,243.78 b.). However, most European markets also strengthened, and often more. Moneta was at her best today profit+2.26% (72.50 CZK), which at least corrected the unfavorable development of the past days. She followed
Pill (+1.38%, 735 CZK), however, for a characteristically low liquiditywhen even a small order can completely change the course. Fuck off you are ahead results (next week, see below) added +1.28% (237th CZK). Erste (+0.85%, 709.60 CZK) closed the peloton of winners.

He wrote back a little today ČEZ (-0.43%, 816.50 CZK), knew no other direction but down this week. He’s probably still in tow special taxes. She also weakened insurance company VIG (-0.36%, 555 CZK), Philip Morris CR (-0.35%, 16,840 CZK) and easily too Commercial Bank (-0.13%, 749 CZK).

Foal (550 CZK), which will announce quarterly numbers next Wednesday (see below), ended today unchanged.

Table with daily and weekly index performance a shares is at the end of this comment.

Prague Stock Exchange

Weekly performance

PX index it lost 1.21% (1,242.78 bp) for the week, breaking a streak of four consecutive rising weeks.

The best were this week Pill (+5.76%, 735 CZK), but too small liquidity. She gave a decent performance Erste with profit +2.25% (709.60 CZK) and this marked the fourth consecutive week of growth. Fuck off rose most days this week and for the whole week gained +1.72% (237 CZK). And slightly more, also before results (see below) strengthened Foal (+0.36%, 550 CZK).

They weakened the most in the entire week ČEZ (-3.49%, 816.50 CZK), Commercial Bank (-2.98%, 749 CZK) a VIG (-2.46%, 555 CZK).

Table with daily and weekly index performance a shares is at the end of this comment.

Substantial rate-setting news from Prague
stock market

Insurance company VIG (we do not follow the title) announced the quarterly results against Tuesday. The economy grew by about 15% and the reported numbers beat the consensus by about 5%.

What can we expect next week?

The final season continues, actually ends CR.

On Wednesday morning before the market opens, the publication of the quarterly results Foal. We estimate decent year-on-year growth. Demand in the main market in USA although it is decreasing, it is still about high number in absolute value. The fulfillment of the contract with the Army will also be supported CR. You can read our estimates here https://bit.ly/CZG_e3Q22.

And immediately on Thursday, but after the end of the market, it will continue and actually the current season will end, Fuck off. It should manifest itself with a delay price growth. But
inflate costs will mean a decrease margins. It will depend a lot on view until the end of the year. You can find our estimates here https://bit.ly/Kofola_e3Q22.