The PX-50 index gained 1.15% to 846 points yesterday. The market once again traded on no underlying news. Some local investors continue increasing their long positions ahead of Q1 reports due next week. CEZ gained 2.28% after a large seller stepped back. Komercni banka and Cesky Telecom both posted gains of over 1% on the day. Volumes though remained below average. The market is likely to continue trading with a positive sentiment in coming days. Volume in the SPAD system reached USD 27.36m.
Milan Procházka, Patria Finance