Prague Stock Exchange closes at highest value since 2008

The Prague Stock Exchange closed the year at 1426.03 points, surpassing the previous high set in September 2008.

The PX index gained 38.84%, the largest increase since 2005, while two new issues entered the market and trading volumes increased by 12.10%.

The best-performing issue on the PRIME market was arms maker Česká zbrojovka, which gained 72.79%, on the back of its acquisition of US manufacturer Colt. Three issues on the START market rose by over 100%.