Index PX-50 rose 0.92% to 472.3 points on Thursday. Overall the session was very quiet with increased trading activity near toward the end of the session. Cesky Telecom saw some cash inflow, due to positive Q1 results reported by its regional peers TPSA and Matav. CEZ rose 1.9%, but there was no real story behind the rise. Total volume reached only USD 15.7 mil. Today the market is likely to open in positive territory and we do not expect any increased volatility. We think some buyers will show interest Cesky Telecom again.
(Milan Prochazka)