CEE MARKETS-Forint retreats 1%, CEZ shares hit by law easing way to split

admin

Administrator
Jun 17, 2007
66,216
0
36
49
Canada
Elsewhere, the Czech crown was down 0.1% on the weak side of 23.700 and at a seven-week low. The Romanian leu eased 0.2% and Poland's zloty dropped 0.7% to 4.544 to the euro after hitting a nearly two-year high of 4.480 in the previous session. On stock markets, shares in Czech majority state-owned CEZ were down about 6% after the government backed a bill lowering the majority of shareholders needed to approve restructuring of public companies, giving it an easier avenue to potentially splitting the utility company.
 
Back
Top