The PX-50 index dropped 0.7% to 633.1 points on Friday, in a total volume of USD 35.57 mil. Komercni banka dropped 2.3%, Philip Morris CR lost 1.7%, and CEZ lost 1.1%. We expect a nervous start to the week today, investors also await a Czech Securities and Exchange Commission decision related to a buyout offer of Ceske radiokomunikace shares (see below) made by the company’s majority owner.
Milan Procházka