The PX-50 index gained 0.73% on Friday on a strong volume of USD 68.6m. Komercni banka and Cesky Telecom were again in focus, with foreign buyers helping KB to gain 1.5%. Cesky Telecom gained 1.6%, also on strong foreign demand. CEZ saw a bit of profit taking and lost 0.7%, also on strong volume. For today’s session we expect the market to start on a positive note, which might turn around into profit taking in the late afternoon.
Silvio Kotarac, Patria Finance