The PX-D index closed up 1.85% on Friday at its new long-term high, with a turnover of USD 73m. The market was driven mainly by Cesky Telecom, which gained 7.2% on strong international demand. Komercni banka gained 1.7% and closed at its highest level this year. The market was supported by decent 2003 corporate figures and we expect the buying appetite to drive the market again to new highs today. We expect Komercni banka, CEZ and Cesky Telecom to lead the market.
Silvio Kotarac, Patria Finance