Equities Eastern Europe Conclusion: Stock markets continue to recover

PRAGUE/BUDAPEST/WARSCHAU (dpa-AFX) – The stock exchanges in Eastern Europe recorded renewed price increases on Monday. After a positive end to the week, the recovery continued at the start of the new trading week, mostly with significant price gains. The stock exchanges are thus following the internationally friendlier mood among investors.

On the Prague Stock Exchange, the leading index PX (PX Prague Stock Exchange Index) recorded an increase of 2.04 percent to 1248.72 points. The share of the energy group CEZ (CEZ AS) presented itself strongly with a full price increase of 4.7 percent. Financial heavyweight Erste Group (Erste Group Bank) gained 2.6 percent.

The BUX in Hungary improved by 1.76 percent to 40,355.51 points. Among the heavyweights, Mol shares clearly increased by 2.6 percent and those of Gedeon Richter even by 3.9 percent. The shareholders of OTP Bank (Orságos Takar És Ker BK ON), on the other hand, had to cope with a discount of 0.9 percent with high trading volumes.

The recovery had even more momentum in Warsaw, where the Wig-20 jumped 3.05 percent to 1669.48 points. The broader WIG gained 2.55 percent to 51,947.63 points. The four stocks with the highest turnover were PKO Bank with plus 1.8 percent, PKN Orlen with plus 5.9 percent, Allegro with plus 2.4 percent and Bank Pekao with plus 3.2 percent.

Meanwhile, the Moscow stock exchange went up more moderately. There, the RTS Index (RTS), calculated in US dollars, rose by 0.62 percent to 1168.73 units./ste/ger/APA/tih/ngu

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