The PX-50 index closed down 0.8 % to 627.7 points on Wednesday as Komercni banka led decliners once again. Komercni lost 1.6% on what appears to be sentiment-driven selling, with only average turnover in the stock. Cesky Telecom traded down but kept above the CZK 280 level, and CEZ lost 0.6%. Turnover was average with volume in the SPAD trading system reaching USD 18.92m. In the coming days, we expect not more than average activity, with Komercni banka accounting for most of the turnover, and trading to be largely sentiment-driven.
Milan Procházka