The Czech market moved higher after JPM and Altria announced good quarterly results. Volumes remained about averages. Telefonica O2 CR was shining market mover on the back of upgraded target price to CZK 770 per share at Lehman. CEZ was traded 2-ways with low international activity and bid side was weaker. Philip Morris CR positively reacted at solid results of parent company Altria. Zentiva declined as some international supply was seen.