The PX-50 index closed marginally down by 0.04% on Wednesday at 763.4 points. We saw a volatile day with most trading concentrated on Komercni banka and CEZ. Komercni banka was net sold by international accounts, but seemed to hold well at CZK 2,700. Cesky Telecom continues to see bids at the lower 320 level with a couple of London buyers. We have not changed our opinion that the market will continue to trade in a similar way to yesterday, i.e. with high volatility and descent volumes. Volume in the SPAD systém reached USD 65.55m.
Milan Procházka