Czech equities continued to strengthen on Monday, as the PX-50 index gained a strong 3.78%. Cesky Telecom was the top gainer, adding more than 7% to CZK 262. Komercni banka also rose well, bolstered by demand from abroad, adding 4.9%. Philip Morris CR joined the rally, rising 2.4%, but there was profit-taking above the CZK 9,000 level. Total market volume on Monday reached USD 17.4 mil.
Milan Prochazka