The PX-50 index gained 1.4% to 795.3 points on Monday. We attribute these gains to improved market sentiment on the global markets. Unipetrol dropped over 3% on fears that IOC will exercise a call option for Unipetrol's 51% stake in Ceska rafinerska and also on reports that the Polish Prime Minister asked to remove the top management of PKN Orlen, Unipetrol’s new owner. Komercni banka is likely to trade well above CZK 2,900 today on the strong US market close and as the June 17 AGM nears. Cesky Telecom found supply on the CZK 330 level. Volume in the SPAD system reached EUR 21.3m.
Milan Procházka, Patria Finance