Stock prices down by 7.95 percent

Stock prices on the Prague Bourse sank by 7.95 percent on Wednesday, pulling the PX index back below the 1,000-point mark after two days on the upside. The PX slumped to 998.8 points in another sell-off after an aggregate 21 percent gain on Monday and Tuesday caused by a global recovery in reaction to steps taken by governments and central banks to combat the financial crisis. All blue chips in Prague retreated on Wednesday, led by used-car dealer AAA Auto, down 14.84 percent, and developer Orco, off 14.57 percent.