CEZ AS, the biggest Czech utility, slid in its longest losing streak in 13 years on concern the opposition will levy new taxes as Premier Petr Necas resigns.
Telefonica Czech Republic AS tumbled to its lowest in eight years on speculation the arrival of new competitors will dent future earnings.
Central European Media Enterprises Ltd. jumped the most in more than four months after saying its fourth-quarter revenue rose and loss narrowed as advertisers increased spending.
New World Resources Plc shares and bonds tumbled after the unprofitable Czech coking-coal producer said its attempts to sell a mine have not succeeded and as Standard & Poor’s lowered its credit rating.
Telefonica Czech Republic AS declined the most in six months after its majority owner said it will buy out minority stakes for less than some investors expected.
"Minority shareholders may hope that O2 Czech will use a part of the syndicated loan for dividend payments."
- Josef Nemy on Nov 26, 2014