The PX-50 index lost 0.2% yesterday on low activity, with total volume in the SPAD trading system reaching EUR 29.4m. Philip Morris CR was the best performer, closing 4.0% up. Komercni banka was the most actively traded stock and during the day it tested its support at CZK 2,700 only to close down 1.9%. Cesky Telecom was actively traded at CZK 320 and added 0.9%. For today we expect another rather quiet session with a modest upside potential; we tip Cesky Telecom to outperform the rest of the market, while Philip Morris CR might see some further gains as well.
Silvio Kotarac, Patria Finance