The PX-50 Index grew 0.89%. Sellers turned up in the morning pushing Cesky Telecom towards CZK 380 level however the stock consolidated there and found several buyers, both domestic as well as international. We think that Cesky Telecom is building a 380-400 range prior to a privatisation update from the Cabinet in mid-February or unless we hear indications where strategic investors price majority stake. Komercni was brought up by couple of London buyer and thus fully corrected Thursday’s losses in full. We once again saw selling appetite at and above CZK 3,400 level. Unipetrol continues to be better offered by institutional accounts as it continues to trade with premium the PKN` s bid for 63% stake. We expect flat opening in the morning.