The CZK lost almost 2% versus the USD yesterday, triggering weakness on both fixed-income as well as equity markets. Unipetrol was once again under pressure after reports that the sale of the 63% may be delayed as PKN and National Property Fund need to renegotiate the details of certain debt-related documentation. Komercni banka lost 3,4% after a London house downgraded the Eastern European banks sector. CEZ traded with a substantial volume, with almost 6m shares changing hands. At one point we saw margin calls from retail brokers pushing CEZ as low as CZK 365.