The PX-50 index closed down 0.44% to 543.70 points on Friday, in which real traded volume in the SPAD system reached USD 16.49 mil. (some reported a volume exceeding USD 100 mil.; this was, however, caused by a set of large cross trades which did not represent real trade). Erste Bank gave up 0.90% of its value after reporting in-line Q1 results, and Komercni banka followed by surrendering more than 0.6%. Other names remained largely unchanged. Today, we expect to see a slow start to the week, though we remain positive on the market and expect growth.
Milan Procházka