Philip Morris was well bid after upbeat comments from its parent company, adding 4.30% as a result. Komercni banka continued its upward trend after breaking through the CZK 3,200 level - we expect further moves on the upside. Cesky Telecom continues to trade in a tight range; its volume fell versus its long-term average as investors expect further privatisation-related news flows. This week we will be affected by news related to the IPO of the largest Polish lender PKO BP (its subscription was oversubscribed several-fold); shares debut on November 10 in Warsaw. Volume in the SPAD reached USD 71.40m.
Milan Procházka, Patria Finance