Czech market recovered in the second half of today's session after most of the blue chips rebounded from their daily lows. CEZ reached the 1210 level, where buying orders came in and lifted the title 25 CZK higher. KB was loosing but stopped slightly below 4000 CZK, where international buyers and later on short position covering lifted the name 130 CZK higher. Erste traded in line with European banking sector. After pretty volatile trading, Telefonica O2 closed at 530 CZK when most of the volume was done around these levels. Overall volume was in line with long-term daily average, volatility was very high.