The Czech market opened higher, but lost stream during the day and finally closed flat after a small rebound due to MOC buy baskets. CEZ started as a shining star after good 2Q08 results but did not manage to hold its gains as sellers took their profits and company upped 2008 guidance just as expected. NWR (451 CZK, 3,33%) followed rising commodity prices. Ongoing international support pulled Komercni banka up. Telefonica (512 CZK, -0,58%) O2 CR hovered around the CZK 512 level, traded volumes were low.