The PX-50 index advanced again on Wednesday as it rose by 1.08% to 647.80. Komercni Banka was well demanded by both domestic and international investors, and it gained 3.40% to CZK 2,656 on a good volume. CEZ, however, lost 0.25% and Cesky Telecom lost 1.45% of their value. We maintain our near-term positive view but we are becoming more selective on the buy side. Total volume in SPAD trading system reached USD 33.09 mil. yesterday.
Milan Prochazka