Trading on Wednesday was quite slow with thin volumes. The activity was concentrated into couple names: Telefonica O2 CR, CEZ, Komercni banka and NWR. CEZ was traded in very narrow range of CZK 1,320 – 1,327. Telefonica O2 CR lost more than 2% as international accounts were on the sell side as stock broke CZK 480 support level. Komercni banka was star of the day adding 3% and eased some losses from past 5 sessions. We saw ongoing profit taking on NWR, but some buyers stepped in around the CZK 560 level. Pegas still trying to find its bottom and fell to another all-time-low.