The market tumbled in-line with the negative global mood. We did not see any panic sell-offs on PSE. (404 CZK, -10,83%) O2 CR was very active as it traded ex-dividend of CZK 50 per share. After selling pressure after opening investors uncovered O2 CR as safe heaven in this environment and the stock finished the session even with small gain. Financial listing were under pressure, Komercni banka managed to erased most of the losses. Real estate companies got hit most and both (588 CZK, -11,65%) and (349 CZK, -10,62%) fell by more than 10%. The only (1 233 CZK, 0,98%) closed the day in positive numbers.