The PX-50 index closed at 816.7 points, down by 0.16%, on Monday after a very light session, because London was closed. Cesky Telecom saw a couple of natural buyers, which helped the stock grow by 1.14%, though the market saw some resistance on the way up. CEZ and Komercni banka both dropped more than 0.5%, but any move was insignificant. KB will continue to be the most actively traded stock as investors digest Q1 results, we do not anticipate any rally in the stock nor do we believe that it would be yet oversold. Volume in the SPAD system reached USD 22.15m.
Milan Procházka, Patria Finance