The PX-50 index closed down 0.85% at 783.8 points yesterday. Erste Bank was the most actively traded stock with volume exceeding USD 15m. Erste dropped over 4.4% after it reported H1 results that on the operating level missed market estimates. Philip Morris CR also traded down over 6% after reports that the government intends substantial tax hikes on tobacco products. The rest of the market continues to be better bid. Today, Zentiva will trade strongly up as the stock is the latest addition to the MSCI indexes. Total volume in the SPAD system reached EUR 42.1m.
Milan Procházka, Patria Finance