The PX-50 index gained 0.36% to 805.2 points on Friday, with CEZ leading the gainers. CEZ added 1.9% on a solid domestic demand. Cesky Telecom traded stronger after the regulator cut fixed-to-mobile fees but our analyst sees only a limited impact on the company's consolidated results. Still, we continue to be net sellers for our clients. Komercni banka traded unchanged after Thursday's rally and we expect a further strength in coming days. Volume in the SPAD reached EUR 34.5m.
Milan Procházka, Patria Finance