PRAGUE/BUDAPEST/WARSCHAU (dpa-AFX) – The stock exchanges in Eastern Europe mostly closed weaker on Monday. Other stock exchanges in Europe also went down in view of weak targets from China. Concerns about the economy had weighed there. The war in Ukraine also remains in the eyes of investors.
In Prague, the leading Czech index PX (PX Prague Stock Exchange Index) fell by 0.43 percent to 1357.21 points. The index was weighed down by the bank stocks Komercni Banka (Komercni Banka AS) (minus 2.74 percent) and Erste Group (Erste Group Bank) (minus 0.62 percent). Shares in power producer CEZ (CEZ AS) fell 0.40 percent.
In Budapest, the Hungarian stock index BUX fell by 0.52 percent to 41,972.84 points. Here, too, OTP, a bank stock, was among the biggest losers, down 1.70 percent.
There were also casualties in Moscow. The Russian RTS Index (RTS) fell 5.83 percent to 1017.05 points.
In Warsaw, on the other hand, things went up significantly. The leading Polish index Wig-20 rose by 1.75 percent to 2121.65 points. The broader wig gained 1.22 percent to 64,494.30 points. Shares in the oil company PKN Orlen were strong in Warsaw. They increased by 3.55 percent./mik/ger/APA/mis/he