Market is slightly losing morning optimism after EU markets are not as hot as US yesterday. All the blue chips opened in positive territory in early trading but sellers start appearing at these levels closing positions. Volume remains below average.
Banking sector ist the best performer today, which is in-line with EU banks. There are no major news in the market. CEZ reports 3Q07 earnings tomorrow @ 9:30 CET. buys 0.2% stake of Ceska Rafinerska from Conoco. performing after rally in the US where the name gained over 7,5 % yst. CZK PPI grew by 4.4 % y-o-y in October after 4 % growth a month earlier.