CEE MARKETS-FX move sideways, PFNonwovens drops after poor Q2
Central Europe’s
currencies moved sideways on Thursday as markets looked for
clarity over the U.S. interest rate outlook, while shares in
Czech artificial textile maker PFNonwovens fell to a
4-1/2-year low after a poor second quarter.
PFNonwoven shares were the biggest mover in Prague, losing
more than 3% to underperform a 0.4% gain in the Prague
index after the company posted a 74% fall in second-quarter net
profit and said full-year earnings before i
currencies moved sideways on Thursday as markets looked for
clarity over the U.S. interest rate outlook, while shares in
Czech artificial textile maker PFNonwovens fell to a
4-1/2-year low after a poor second quarter.
PFNonwoven shares were the biggest mover in Prague, losing
more than 3% to underperform a 0.4% gain in the Prague
index after the company posted a 74% fall in second-quarter net
profit and said full-year earnings before i
Posted by Reuters
