It was a slow day in Prague today, with low volumes. Only CEZ was in focus. CEZ raised its 2007 guidance to 42,6 from 41,4 bln CZK and dividend payout ratio to 50-60% from 40-50% and said that MUS acquisition still was not in final stage. The company stops share buyback till 4th week in January 2008. Moreover, CEZ announced buying 7% stake in - transaction is worth EUR 1,4bln.
Local buyers were interested in and . was chasing US close after artificial low close yesterday. The PX index closed up by 0,66%.