The PX-50 index dropped 1.36% to 624.8 points on Monday (yesterday was a public holiday in the Czech Republic), with the decline led by CEZ (-2.0% to CZK 136.7) and Komercni banka (-3.3% to CZK 2,398). Main Czech blue chips will report their third-quarter results in the next two days, which may have a significant impact on share prices. Needless to say, investors will closely watch events in Russia as well as they could affect the sentiment on all EMEA markets (Russia’s headline RTS index closed 4% higher yesterday after Monday’s dramatic weakening). The total volume in the SPAD system on Monday was USD 28.99m.
Milan Procházka