The Czech market underperformed the region on low volumes. Only CEZ, (485 CZK, 0,10%) O2 CR and (1 115 CZK, 0,54%) managed to close up on defensive play. CEZ rebounded nicely from its intraday bottom of CZK 1,285 and finished the session just notch below CZK 1,330. Similar pattern was in O2 CR. There was massive short squeeze on Komercni banka after stock bounced back from the CZK 3,400 level. Big seller is still active at (3 765 CZK, -4,03%) and pushing price to 15-year lows. (894 CZK, -2,37%) closed down as negative sentiment in financial sector persists.