The PX-50 index gained 0.48% to 627.0 points yesterday. Prague reacted to the positive rebound of European and EMEA equity markets. Komercni banka gained 2.1%, Philip Morris CR added 1.4%, and there was domestic demand for CEZ. Turnover in the SPAD trading system was low at only USD 13.38m, though. For today, share prices are expected to be sent higher, but as investors may increasingly seek profits ahead of the year-end, a substantial or sustainable market rally is thus unlikely.
Milan Procházka