Friday was characterized by volatile trading on good volumes. CEZ rallied in the morning above CZK 1,100 but failed to hold this level. Buying on close lifted the stock to nice gain. Telefonica (453 CZK, -2,75%) O2 CR was heavily traded as Friday was the last trading day with dividend rights of CZK 50 per share. Sellers steamrolled buyers though as many see the stock as attractive after dividend. NWR (323 CZK, 6,57%) bounced from oversold territory joining other commodity and energy stocks. Unipetrol (186 CZK, -5,07%) became loser of the day after downgrade to Hold from Buy at Raiffeisen. The target price was reduced by 30% to CZK 210 from CZK 300.