Good volume went through the market as activity was concentrated on CEZ and Komercni banka, these mentioned listing form 60% of the total turnover in SPAD. CEZ was the best performing stock being supported by share-buy-back program. Komercni banka turned south after strong opening on international sell-off, but no panic selling (KB is currently +33% YTD). rebounded nicely from intraday low of CZK 2,324 and closed in positive territory at the CZK 2,450 level. We saw similar trading pattern on which recovered from heavy losses tracking Vienna trading.