It certainly was not a very exciting session on the PSE today and the PX index hovered in a rather narrow range. CEZ got sold off after open finding support at CZK 810. NWR (79 CZK, -1,30%) was also under pressure following the development in commodities. Telefónica O2 (452 CZK, 0,00%) CR outperformed the rest of the market on being a good defensive player. Banks were under pressure as well in line with the region. CME (368 CZK, -4,69%) was down, chasing US overnight weakness and international selling.