PSE: 4th sell-off in a row, this time -6 %

It was yet another bloody day on the Prague Stock Exchange, 4th one in a row - PX Index lost 16% over the last 4 sessions, and 6% just today. More than 50% of total turnover was traded on CEZ which released overall better numbers. However, maintaining its full-year guidance came as a disappointment. All the blue chips were hit again in-line with global sentiment and the MOC selling enhanced the gloomy picture of the day. And we are still waiting for some real volumes.