Prague Stock Exchange starts the week up 7.26 percent

The Prague Stock Exchange started the week well, jumping on Monday by 7.19 percent. The leading PX Index rose to 952 points, after slumping below the 900-point mark last Friday. Shares in developer Orco rose by 18.5 percent and stock in US media group CME gained 17.7 percent. Dealers were expecting new demand after the EU and US central banks took further steps to curb the financial crisis. On Friday, the PX Index closed at a four-year low of 888.5 points after a record 14.94 percent decline.