Overview of the latest economic events in the Czech Republic
The domestic capital market continues its very positive trend - Prague Stock Exchange (PX index) once again improved its all-time high, adding 1.48 % to 2,462.94 points on Tuesday. The rise was mainly driven by banking stocks - for example Erste Bank with an increase of +3,23 % and Commercial Bank s +2.53 %. The total volume of trades on the Prague market exceeded CZK 830 million, which is an above-average volume.
Among the individual companies, the message from the energy giant dominated CEZ - reported a net profit of CZK 21.5 billion for the first three quarters of this year, which means a year-on-year decline of approximately 6.5 %. On the other hand, operating profit (EBITDA) reached CZK 103.2 billion, growing by almost 3 % year-on-year. Management has revised its full-year adjusted net profit guidance to CZK 26-28bn. The data had a positive impact on energy titles and broader market sentiment.
Foreign investment
The Czech market is also monitoring the growing activity in the area of international investment, which may have secondary effects on the domestic economy. Investment Group Direct Investments announced the acquisition of Asset Management, thereby strengthening its investment pillar in asset management.
American private-equity firm Carlyle Group has completed its takeover of UK online retailer The Very Group, which confirms the flow of capital across borders and may also have an impact on supply chains involving Czech companies.
In the public tendering sector Evolution Global Acquisition Corp. has set the IPO for 11 November, bringing a new title to the market.
Shares of satellite companies Globalstar rose sharply on acquisition speculation, boosting interest in technology and telecom titles.
Significant events with global impact
On the international commodity market, the situation developed as follows: the price of crude oil type Brent fell to around USD 63.9 a barrel, with pressure on prices from concerns about overproduction and rising inventories. In contrast, the precious metal Gold reached a near three-week high of around $4142 per troy ounce, supported by expectations of a cut in US interest rates and an end to the US government paralysis.
Bank analysis Morgan Stanley also raised its forecast for Brent for the first half of 2026 to $60 per barrel, citing the cartel's decision OPEC+ suspend the growth of production quotas. These global trends - falling oil prices, rising gold prices and changes in trade policy and tariffs - may also affect the Czech economy through energy costs, exchange rate developments and foreign trade.
gnews.cz - GH
Current exchange rates according to the CNB and Google Rates
| Currency | Czech National Bank exchange rate (CZK) | Google Rate (CZK) |
|---|---|---|
| EUR | 24.24 | 24,2741 |
| USD | 20.664 | 20.6691 |
| PLN | 5.738 | 5.7476 |
| HUF | 0.06304 | 0.063 |
| GBP | 27.648 | 27.657 |
| CHF | 25.975 | 25.9778 |
| CNY | 2.929 | 2.9299 |
| JPY | 0.13247 | 0.1325 |
| RUB | N/A | 0.2594 |




tradingeconomics.com