The PX-50 index closed down 0.18% driven by Philip Morris, which went ex-div yesterday. Unipetrol was best performer, up 4% on retail buying ahead of its Q1 figures. CEZ was up 1,6% on ongoing foreign buying. For today we expect a negative session across the board, driven by new negative developments in politics and also negative sentiment on worldwide markets.
The February retail sales are to be released today at 9:00am CET. The market expects a rise of 3.5% y/y from 6.6% y/y in January. Patria’s estimates are in line with the market forecast.