The PX-50 index gained 1.47% to 614 points on Wednesday. CEZ rose 3.8% to CZK 136.8, an all-time high for the stock, in a strong volume exceeding USD 12.7 mil. Komercni banka was the volume leader again, however, with more than USD 17.43 mil. worth of its shares traded; the stock rose 3% on the day. In the coming days, we expect anxious trading as local investors expect a correction to the recent rally, though we expect that above-average volumes may fuel further gains. Volume in the SPAD trading system was USD 53.64 mil. yesterday.