The PX-50 index closed down 0.1% to 613.8 points on Friday despite Cesky Telecom adding 5.3%. TelSource announced on Friday morning it sold its entire 27% stake at CZK 255 per share and the stock responded with sharp growth. More than USD 26.7m worth of shares has changed hands. CEZ fell 1.2% after reports that the government is mulling over plans to float up to 16% of the company on the bourse, Komercni banka remained under pressure as investors raised cash for Cesky Telecom book-building. Volume in the SPAD trading systém reached USD 55.2m.
Milan Procházka