The PX-50 index closed up 0.21% yesterday in a quiet session; only USD 10.51 mil. worth of securities changed hands in the SPAD. CEZ was the most actively traded stock on the day, rising by 1% to CZK 94 adding to its gains after Friday’s investment upgrade. Erste rallied up 2.2% in line with trading of Erste stock in Vienna. We expect a flat-to-lower opening across Europe this morning, with the Czech market to trade sideways given a lack of fundamental corporate news.
Milan Prochazka