Although the market corrected some of its recent losses, the gains are part of a recovery from oversold levels. CEZ was well bid throughout the day though no relevant news or stimulus occurred on the name. Cesky Telecom seems to be heading towards CZK 450 again; we believe it may even test this important resistance level today. Zentiva touched CZK 800, the level where the main shareholders placed a block of 3m shares last week. Erste added over 3.6% on technical rebound; market speculations about a potential HVB/Unicredito tieup also helped the sector. For today, we continue to expect lower than average volume with a potential for further gains.