Main indices fell by more than 1% yesterday on worsening mood coming from US and Asian markets. Regional bourses were also under pressure but recovered nicely toward the close however sellers were prevailing in the Czech market until it shut. Among biggest losers were Unipetrol and Zentiva, both closed down by roughly 2%. KB tested 3,500 CZK and CEZ flirted with 770 CZK level where found bottom. Orco was sold-off by in the morning down to 2,180 CZK but jumped to 2,210 CZK in the afternoon on international purchases. Volumes were pretty light with regard to such a moves. We would expect market to rebound today as buyers probably will come to pick up some cheap shares.