The PX-50 Index gained 0.47% in what had been very quiet, holiday-mood session. Domestic retail accounts were the main force behind market movements. Particularly Unipetrol was well bid among retail investors as they speculate the public bid for free float may near. Cesky Telecom reversed its trading pattern from Monday as buyers stepped in, however, volume was abnormally low. We expect similar trading to continue for the rest of the week. The Prague bourse is closed on Friday, December 31st.
Milan Procházka, Patria Finance