Czech equities traded lower again on Wednesday as sellers stepped back into the market. Komercni banka gave up on 1.9% of its value on a decent turnover, and Cesky Telecom lost 1% on no news and ahead of its 9M earnings report, which is due today. On the other hand, Erste Bank rose by 1.9% after its rival HVB Group reported solid quarterly results. The Czech market kicks off its Q3 reporting season today with Ceske radiokomunikace and Cesky Telecom scheduled to report first. Total volume reached USD 54.96m yesterday.
Milan Procházka