The PX-50 index lost 0.34% to 465.2 on Wednesday. Overall, trading was light; investors were inactive as the market found no international stimulation and lacked domestic input. Philip Morris ČR closed up 3.2%, breaking CZK 10,000 per share, a price last seen in March 1994. Other names were mixed with low volumes. The total market volume was a low USD 13.2 mil. For today, the market is likely to trade in a narrow range, and we believe it will again trade downward.
(Milan Prochazka)