The Czech market finished lower in-line with the region. The total traded volume was well above the long-term averages. CEZ got hit after the government agreed on details how to sell its 7% stake. CEZ and Zentiva were the most actively traded stock and also the biggest laggards. Philip Morris gained 3.2% being supported by demand from local accounts. Telefonica O2 CR lost 1.2% on selling from international investors. Unipetrol closed almost 1% stronger after releasing its 1Q07 numbers which came better than market expectations.