What is PX Start
Like a main stock exchange, however the PX Start market is dedicated to small and medium-sized Czech companies. Daily auction trades.
Investors can become shareholders of small and medium-sized Czech companies and trade their shares on the exchange.
Companies have an alternative source of capital that is much simpler and cheaper compared to the main stock market.
What makes PX Start special?
PX Start is like a main stock exchange, however it is dedicated to small and medium-sized Czech companies. Investors can buy a stake in the participating companies, which, in turn, get capital for their development. Unlike a main stock exchange, trading takes place in auctions, and the minimum size of one trade depends on each issue.
The PX Start market has been operating since 2017, and thanks to it, almost everyone can become a shareholder in a Czech company that offers the growth potential.
Thanks to the PX Start market, small and medium-sized Czech companies have the opportunity to use the capital market for their financing. This opens up another opportunity for them to raise funds for their development.
“SMEs are the backbone of any well-functioning economy. They bring innovation and are among the largest employers. For investors, the opportunity to invest funds in innovative, progressive, but also traditional Czech companies is a welcome diversification on the capital market in the Czech Republic,” concludes Petr Koblic.
Milestones and statistics
The PSE announces the opening of PX Start, a new market for small and medium-sized companies
The historically first START Day took place: the first two issuers (Fillamentum and Prabos) successfully entered the PX Start market
Two other companies have entered the market: Primoco UAV, a manufacturer of unmanned aerial vehicles, and the property development company UDI CEE, which also becomes the largest successfully subscribed issue with CZK 258.3 million.
A new issue on the PX Start market: AtomTrace
The frequency of trading has changed from quarterly to monthly
Highest traded volume CZK 22,754,256: UDI CEE
Karo Invest, an industrial leather processor, has successfully entered the market
The frequency of trading has changed from monthly to daily
An IPO by a company eMan has become the most successful primary offer in the PX Start market in its history
The first e-commerce company, the largest Czech and Slovak online pharmacy, Pilulka.cz, has successfully entered the market
The new issue FIXED.zone entered the PX Start market and during the first day recorded the highest price increase of any issue on this market so far