The PX-50 index lost 0.36% to 465.7 points on Tuesday. Overall, the volume was moderate at USD 18.5 mil. CEZ was the most actively traded stock as the market further absorbed the outcome of the Monday EGM; the stock lost 3.9% to CZK 89 yesterday. We were net buyers on the day, with most of the demand originating from abroad. Other names traded quietly and were mixed. For today, we expect the moderate volumes to continue, though CEZ and Unipetrol will see certain price volatility. The PX-50 index is likely to close lower.
(Milan Prochazka)