Czech equities, as measured by the PX Index, were up by 15.9% in the past week and closed at 863.2. The overall volume of trading on the PSE reached USD 612.5m 31% below 12M average of USD 892.2.
International buying interest spread over PSE during past week. All stocks closed weekly session nicely up. Only developer (270 CZK, -2,39%) finished lower and (1 081 CZK, 1,65%) closed flat. CEZ showed on of the best performances of the week and gained almost 20% on the back of foreign interest. (78 CZK, -4,59%) and (115 CZK, 1,23%) benefited from higher commodity prices.
(9 CZK, 3,61%) strengthened by 6% after better than consensus quarterly numbers. (295 CZK, 2,25%) gained strong 41% catching up its US trade line performance. (235 CZK, -1,09%) reported 3Q08 numbers above the consensus.
Reporting season is over. This week ends public bid of CZK 303 for shares and (431 CZK, -1,67%) holds EGM with capital increase on the agenda.