The Czech market added 0.40% measured by the PX-50 index, while volume in the SPAD reached USD 22.02m. CEZ and Zentiva were the main targets of buyers yesterday. CEZ continues to see inflows from London accounts while Zentiva is benefiting from its addition into the MSCI index effective as of today's close. Komercni banka and Cesky Telecom lacked any trading appetite. Watch for Unipetrol today as the option for a 51% interest in Ceska rafinerska expired at midnight yesterday. So far, agencies have not reported any results but this is a key issue for PKN Orlen in the company's privatization.
Milan Prochazka, Patria Finance