The overall trading was mixed with volume exceeding average levels. CEZ touched a new all time high of CZK 220 per share after London buyers continued accumulating, however resistance and profit taking, mostly from domestic investors, was also apparent. News regarding a lower than expected hike of the 2005 wholesale electricity prices pushed CEZ down by roughly 0.2%. Zentiva was yesterday's main loser, dropping almost 2% on good volume and no news. Komercni banka and Cesky Telecom traded in sympathy with the market and saw no significant price movements or flows. Volume in SPAD reached USD 40.90 mil.
Milan Procházka