The all Czech stocks were hammered to the ground. We saw the board sell-offs across the entire region. The volume traded was more than twice the size of averages. Only Telefonica (570 CZK, -1,16%) O2 CR and Philip Morris (8 966 CZK, -1,81%) were able to resist and declined only by 1.2% and 1.8% respectively. CEZ lost CZK 25 in last 10 minutes of trading after panic selling and closed below crucial the CZK 1,000 standard.