The PX-50 index weakened by 0.25% to 431.7 points on Thursday. Ceske radiokomunikace gained 5.5% after hitting a 6-year low on Wednesday. The stock attracted the interest of natural buyers, though the volume was relatively light. Komercni banka rose once again, by 1.0% to CZK 1,854. Unipetrol was unchanged; the release of the 9-months results of its major subsidiaries failed to prompt trading activity. Volume in the SPAD was USD 14.48 mil. We expect traders to take profits today, weakness on US markets could fuel selling here.
Please note that the PSE will be closed on Monday, October 28, due to a public holiday in the Czech Republic.
Milan Prochazka