The PX-50 index gained 1.4% to 635.1 points yesterday, led higher by Komercni banka and Cesky Telecom. Komercni banka strengthened to near CZK 2,500, and Cesky Telecom traded within a CZK 280-290 range. Overall, the market traded on an average volume; total volume in the SPAD trading system reached USD 22.12m. The market’s direction is still influenced by a generally positive sentiment toward equities; there is no major domestic stimulus.
Milan Procházka