The PX-50 index closed down 1.1% at 784.2 points. CEZ posted a 3.3% loss on the day as it went ex-dividend (CZK 8). Both Erste Bank and Komercni banka fell by over 1% on the day in a thin and quiet session. We expect the low volume market to persist today and tomorrow as some of the European bourses are closed today for a public holiday (Austria, Poland etc.) and the US is closed tomorrow. Volume in the SPAD systém reached EUR 16.7m.
Milan Prochazka