Index PX-50 closed up 1.01% at new all time high. The market will remain opened today for the last trading session in 2004, with trading resuming on Monday January 3rd. Unipetrol continued to be bid by retail accounts. Cesky Telelom was well supported after comments from the Danish operator TDC it may turn to the market to raise cash needed for further acquistitions . The market now accounts TDC is seriously interested in Cesky Telecom acquisition. CT gained 2.55% as a result. Zentiva trades up on international demand as well, even though no relevant news flow was released. We wish you all prosperous and happy 2005!
Milan Procházka, Patria Finance