Investors sent PSE more than 2% down, with CEZ in focus

Volumes at PSE picked up today, with CEZ in focus (60% of total turnover in SPAD), hit by heavy international selling throughout the day. Komercni banka was also hammered down by international accounts. Only Orco (225 CZK, 0,40%), NWR (72 CZK, 0,35%) and Philip Morris (5 800 CZK, -0,65%) CR held the ground on tiny volumes. Safe heaven stock, Telefónica O2 (436 CZK, -1,58%) CR, outperformed the main benchmark PX again.