Prague Stock Exchange passes 1,000 point mark


The Prague Stock Exchange’s main index passed the 1,000 mark on Tuesday for the first time since October last year. The PX index was last above 1,000 on October 14, before a wave of panic selling sparked by worries about the state of the US and worldwide financial sector. In February the index fell to a low of 628.5 points. Over recent days shares on the Prague exchange have been caught up in a surge by stocks worldwide.