Monday’s trading was characterized by low volumes. 65% of total turnover went through CEZ. Trading with CEZ was capped by CZK 1,310 for a whole day as government was on the sell side. Both banks closed weaker in-line with the global sentiment and we could we similar pattern also on real estate stocks. Only Telefonica O2 CR managed to close up being viewed by investors as defensive name with good dividend yield. Zentiva was supported by local investor and closed slightly lower.