Eastern Europe – Hungary rallies again! Matav’s volume exceeds 2m traded shares again and stock gains over 2.6%, Richter +1.99%. No domestic news, just investor interest, convergence play comes true. Poland however losing 0.76%, but TPSA holds well, Polish banks continue to be disliked even though some might be good picks to buy already (BPH, BZW). Czech market quiet but we are still convinced further gains are to come true.