The PX-50 index rose by 0.8% yesterday, driven by gains in Komercni banka and Philip Morris CR. Komercni banka gained 2.3% on bargain hunting after the stock had lost 6.5% of its value since the beginning of the week. Philip Morris CR gained 2.8% on low liquidity. CEZ gained 1.5%, also on low liquidity as well. For today, we expect the market to start on a positive note, though that could be reversed in the afternoon as the market lacks positive catalysts for further growth. Total volume in SPAD trading system was USD 27 mil. yesterday.
Silvio Kotarac