The PX-50 Index closed up 0.4% with low activity. Total volume reached USD 40m. Most of the names ended marginally higher in a Christmas trading. Cesky Telecom was the biggest loser (-0.4%) due to a sell-order placed toward the end of the session. On the other hand, CEZ was the biggest gainer, closing at 330 CZK, up 1.4%, correcting its sharp drop from previous days. For today, we expect very quite day due the bank holiday in London, index should be in positive territory with expectations of year-end window-dressing, volumes likely to be very light.
Silvio Kotarac, Patria Finance