In Komercni a large volume of shares was traded in blocs…

Thursday brought no major surprises to the market. We continued to suffer from lower trading volumes and limited investor appetite. CEZ dropped from its all-time high levels on mostly domestic profit taking. Zentiva gained on no specific news but we observed sector strength across the continent. In Komercni a large volume of shares was traded in blocs at CZK 3,250; foreign accounts were on both sides of the trade. Today we are awaiting Komercni banka’s result but expect no major surprise on the bottom line for the market.