The Czech market saw another wave of heavy selling on Friday, with volumes continuing to be well above the long term average. The PX-50 dropped 2.43% and we saw substantial outflows from all types of accounts. CEZ fell to CZK 620 on international supply, though it found a certain amount of support around CZK 625. Komercni failed to sustain CZK 3,100. Unipetrol was the worst performer again, falling 6.1% on the day on heavy domestic selling. As we said last week, we are likely to see profit taking as the market continues to be one of the leading performers globally. Though we may see an uptick and technical bounce in days to come across the board, we believe CEZ and Unipetrol will be among the most volatile names on the market.