Komercni Banka dropped over 3.7% intraday, but the stock went ex-dividend (CZK 100). CEZ was under pressure from both domestics as well as internationals - we saw very little appetite to increase positions in the Czech market. Sizeable outflows are apparent at Erste Bank where we saw a large supply of shares from Vienna trading. Erste Bank activity should calm today as the Austrian market is closed for "Corpus Christi". We expect the market to trade with a lower than average turnover and a potential for further profit taking.