The end of PPF founder Kellner can complicate giant projects

In addition, PPF is considering listing the telecommunications company Cetin. Due to recent transactions, the value of Cetin could according to Bloomberg range over 176 billion crowns. There has also been speculation in the market about the entry of the Mall Group internet group on the stock exchange. The PPF Group has a 40% stake … Read more

After Kellner’s dead, the shares of O2 and Moneta fall to the stock market

Shares of O2 and Monety Money Bank fall sharply on the stock market. This happened after the announcement that Petr Kellner, the owner of PPF Group’s investment group, died in the helicopter crash on Saturday. O2 belongs to the PPF portfolio, in Monet PPF should gain roughly a quarter according to Moneta’s securities around 9:30 … Read more

Interest in mortgages broke records in February

In February alone, people took out mortgage loans for almost 30 billion crowns, so the shortest month of the year, according to Fincentrum Hypoindex statistics, became the strongest measured month in domestic history this year. The influx of people into banks was helped by fears of future increases in mortgage rates. “February this year surpassed … Read more

The Prague Stock Exchange continues to weaken, Komerční banka fell sharply

The Prague Stock Exchange continued to weaken, the PX index fell by 0.26 percent to 868.03 points. Banks in particular drew him down. Only three titles closed with a profit – Avast, ČEZ and Stock. – “As on Monday, investors had a negative perception of further restrictions due to coronavirus, which will slow down the … Read more