The PX-50 index gained 1% as money inflows into both domestic as well as foreign funds continue. Komercni banka made a strong 2.5% upward move, part of which was short covering. CEZ is benefiting from Bulgarian electricity price hikes (CEZ owns two power distributors there) and Cesky Telecom seems to be poised to test the CZK 500 benchmark in the next few days. We continue to expect more demand for emerging market assets and further growth in sessions to come.