We witnessed another quiet session yesterday with volume reaching a mere USD 16.95m and the PX-50 index closing up 0.52%. Erste Bank was the most active stock of the day after adding 3.3%. The rally is attributed to short covering, as there was no related news for the stock. Cesky Telecom dropped below CZK 320 after a couple of sellers were active on the market. CEZ and Komercni banka moved sideways. Activity on the market is likely to remain low with wide spreads.
Milan Prochazka