The headline PX-50 index gained 5.0% last week, closing Friday at 574 points (the blue-chip PX-D index closed at 1,412.7 points, up 4.7%) as the market responded rather positively to the better-than-expected H1 results of Cesky Telecom, CEZ, and Komercni banka, all reported mid-week. The major gainer last week was Komercni banka, which rose 9.7%, closing Friday at CZK 2,165. CEZ rose 7.9% to CZK 255.4. Cesky Telecom rose 6.6% to CZK 292.5. In other names, Philip Morris CR and Ceske radiokomunikace rose by 2.9% and 2.8%, respectively, also on the back of positive H1 results. Erste Bank closed the week unchanged at CZK 2,489.
Komercni banka dominated the market in terms of volume last week, as USD 79.6 mil. worth of its shares changed hands; its volume was 34% above its own 12M weekly average of USD 59.3 mil.
The total traded volume on the Prague Stock Exchange was 43% above the 12M weekly average, at USD 195.4 mil. last week.
Jitka Oppitzová