Prague Stock Exchange: Armourers' profits rise but shares fall; banks and ČEZ diverge

H1 results on the Prague Stock Exchange show a disconnect between corporate profits and share prices, with armourers and some smaller firms seeing rising profits but falling stock prices, while banks and ČEZ show similar divergence. This suggests market pricing reflects factors beyond current earnings, possibly valuation concerns or sector rotation. The trend is notable for investors tracking Central European equities.