The stock fell following recent weakness of currencies and a freshly launched investigation by the Antimonopoly Office into possible violation of free market practices. This news may potentially develop into a price-moving event. CEZ followed the trend, though no underlying news is behind its price fall. Cesky Telecom continues to be the only stock outperforming the market, as investors feel comfortable with future buyout mechanics. Philip Morris continues to benefit from its high dividend yield and is a proxy "safe haven" for many shareholders.
The April PPI figure is to be released today at 9:00am CET. The market expects 0.1% m/m and 5.7% y/y compared to the previous 0.2% m/m and 6.4% y/y. Patria forecasts 0.0% m/m and 5.6% y/y.