Investing in Czech ADRs / Czech Stocks List
As of mid 2014, there were three Czech ADRs trading on the OTC exchange, but all are controlled by foreign investors. The Komerční Banka AS (OTCMKTS: KMBNY) was partially privatized in 1992 and then in 2001, the government sold a 60% stake in the bank to France based Société Générale. O2 Czech Republic AS’s (OTCMKTS: TFATF) predecessors were acquired and merged together by the Spanish telecom giant Telefónica in 2005. Finally, Unipetrol (OTCMKTS: UNPTY) is a leading refinery and petrochemical group in the Czech Republic and a major player in Central and Eastern Europe that’s also part of Central Europe’s largest refining and petrochemical group, Poland based PKN ORLEN. Investors interested in investing in Czech ADRs should also check out our Eastern Europe ETF list and Eastern Europe closed-end fund list pages as some region wide ETFs or closed-end funds may have exposure to Czech stocks.
Note: If there are any ADRs to add or remove from this list or there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.
List of Czech ADRs Trading on Major US Stock Exchanges & the Over-the-Counter (OTC) Exchange
|1||Komerční Banka AS||KMBNY||OTC||Financial Services|
|2||O2 Czech Republic AS||TFATF||OTC||Telecommunications|
|3||Unipetrol||UNPTY||OTC||Oil & Gas|
The Prague Stock Exchange (PSE)
The Prague Stock Exchange (PSE) is the largest and oldest securities market organizer in the Czech Republic that was founded in 1871 as the Prague Commodities and Stock Exchange, then closed during World War II and the subsequent Communist regime and finally reopened as the PSE in 1993. The Prague Stock Exchange is a member of the CEE Stock Exchange Group (CEESEG), which also includes three other Central European stock exchanges: The Vienna Stock Exchange (Wiener Börse), Budapest Stock Exchange (Budapesti Értéktőzsde) and Ljubljana Stock Exchange (Ljubljanska borza).
Here are some useful and mostly English news resources for investing in Czech ADRs or stocks or about the Czech Republic in general:
Note: If you have a good blog or other useful resource for investing in the Czech Republic or about Czech stocks in general, please let us know as we would be happy to do a link exchange.