The PX-50 index closed again at an all-time high, with CEZ and Erste Bank leading the pack of the day’s winners. CEZ added 1.75% after it gained control of a majority stake in the Severoceske doly coal mines, its key coal supplier, to close at its record high of CZK 740. Erste bank gained over 1%, correcting its recent losses. Locals continue to trim their positions in Unipetrol. Orco continues to trade up with strong demand from international accounts seeking exposure to the CE3 real estate market. Emerging Europe will eye the outcome of today’s meeting of EU foreign ministers on Turkey’s accession plan, while the market should be supported by ongoing inflows to both domestic as well as regional dedicated funds.