CEZ continued to trade on a strong momentum and its growth was accelerated by heavy retail buying which followed an upgrade in target price from one of the local brokers. Unipetrol continues to be a new play, the cash inflows into the name are apparent. Unipetrol favours from restructuring potential as well as relative strength of the entire sector. Komercni was pushed down by 1.1% as market priced in possible rate cut (CZK strongest versus EUR and strong inflationary data) due in course of today. We will be focusing on Erste Bank today as EB will price its EUR 2.75bn capital hike. Though bank closed books for retail investor yesterday (mentioning strong demand) it followed and said 60% of existing shareholders used rights to subscribe in the deal. EB plunged over 3% on back of this announcement.