The market closed higher and strengthened by more than 1% due to performance of banking sector. Komercni banka ended at its day high and easily broke the CZK 4,100 level. (1 506 CZK, 2,17%) gained more than 2% and was traded in-line with performance in Vienna. (98 EUR, -0,49%) raised its recommendation for the stock to Buy from Hold. (9 788 CZK, 5,19%) was the biggest mover with jump of 5.2% after its mother company (71 USD, 1,89%) announced potential spin-off of its cigarette production abroad. (1 688 CZK, 1,38%) reports its 2Q07 results tomorrow after end of the session.