The PX-50 index gained 0.62% to 633.9 points yesterday. Volume in the SPAD trading system reached USD 18.98m, an average level. Once again, Komercni banka accounted for the majority of trades. Erste Bank stock price responded only mildly to its good 9M earnings, reported yesterday, and Ceske radiokomunikace traded 2.4% higher on the release of T-Mobile CR’s 9M figures, which we see as neutral (Ceske radiokomunikace has a minority stake in T-Mobile CR).
Please note that the Prague Stock Exchange will be closed on Monday, November 17, due to a public holiday in the Czech Republic.
Milan Procházka