The PX-50 index modestly gained on Friday, adding 0,8% on low activity. The most actively traded stock was CEZ, which stabilized following the Friday dismissal of its CEO, and added 1.3%. Cesky Telecom traded higher near the CZK 280 level throughout the session. Komercni banka saw only very limited interest and the stock added 1.4% on low volume. As we are coming into the Q3 earnings season we expect activity to pick up in the second half of this week.
For today, we expect rather quiet trading ahead of a public holiday in the Czech Republic tomorrow.