The PX-50 index gained 0.18% to 435.7 points yesterday, volume in the SPAD reached USD 18.46 mil. Komercni banka gave back some of its recent gains and traded downward, nearing CZK 1,900 toward the end of the session. CEZ was well traded, but cross trades accounted for much of the trading (volume was good at USD 7.7 mil.). For today, we expect a further market correction, with Komercni again to be the target of profit takers.
Milan Prochazka