Week ended quite slowly with persisting tiny volumes. Only CEZ was more actively traded, it opened lower after downgrade to “Hold” from “Buy” at Deutsche, but than pared losses and stayed in relatively narrow range of CZK 1,220 – 1,228. we could see similar pattern at Telefonica O2 CR that was hovering about CZK 502. Erste Bank was the star of the day copying trading in Vienna. The other names were rather quiet.