Cesky Telecom again accounted for almost 75% of the day’s volume. Most of the trading was at the CZK 447 level; the market expects the Cabinet to seal the Cesky Telecom deal today. Philip Morris closed down almost 2% after the company reported it would close down one of its Czech operations, expecting an almost CZK 480m one-off cost. Komercni banka fell in sympathy with its Hungarian peers. Orco came off on a dividend announcement.