Sellers were active on PSE, week started lower

The main PX Index closed slightly lower. NWR (588 CZK, -5,48%) erased all its Friday’s gain. NWR is included in PX as of today. CEZ and Komercni banka were the most actively traded listings. CEZ closed at its intraday high of CZK 1,344 as both local and international players were on the buy side while government on the sell side was not active. Trading with Komercni banka was volatile with decent volume. There was ongoing selling pressure on Philip Morris (4 730 CZK, -4,25%), real estate developers and 2nd tier stocks as Pegas Nonwovens (361 CZK, -5,89%) and AAA Auto (19 CZK, -9,72%).