It was an average volume day on the Prague Stock Exchange today with a nice swing on the banks. PX Index opened weaker but recovered quickly, reflecting improving US futures. Final bounce came before close as investors covered their shorts. Komercni banka jumped CZK 200 from its intraday low to close above CZK 2,500 at its day‘s high. There was a good demand for Telefónica O2 (419,5 CZK, 4,41%) CR, with CZK 420 as a resistance level. CEZ finished the day comfortably above CZK 760.