The Czech market closed just a notch higher which is in contrast with the other regional markets. CEZ was the leader of the day gaining 1.8% supported by continuing share-buy-back programme. Komercni banka touched the CZK 4,000 level after solid 2Q07 results, but optimism evaporated soon and the stock pushed back to CZK 3,940 and than we saw limited rebound. (1 782 CZK, -0,06%) lost 1.6% after (57 USD, -5,59%) cut its (62 USD, -1,17%) price to 95 USD from 100 UDS per share.