The PX-50 Index closed down 0.34%. Zentiva was the day‘s loser after lock up period for main shareholder expired yesterday, though recently there were no signals it would have any plans to divest any shares from its holding. We may also attribute it to sector‘s sentiment, which recently took steep downward trend. Cesky Telecom traded in blocs at CZK 359 with mostly domestic accounts on the buy side, majority of the supply came from London. Rest of the market traded sideways. We continue to expect lower than average volume in days to come with no substantial price movements. Volume in SPAD reached USD 49.50 m.
Tomáš Gatěk, Patria Finance