“Slow slow slow“ could be today’s slogan of the Prague Stock Exchange. The market dropped in-line with region on very thin volumes. Telefónica O2 (403,8 CZK, -2,23%) CR was active as it got sold off in the afternoon ahead of the 1Q09 numbers tomorrow. CEZ managed to defend the CZK 800 level ignoring a drop in crude oil prices – there were simply no sellers in the name. Bank names were also under pressure on low turnover.