The PX-50 index declined by 0.6% to 409.7 points on Tuesday. Philip Morris CR led the decliners after facing an aggressive sell-off in the afternoon. Erste Bank stock halted a period of steep price decline after the Czech SEC gave the green light to domestic pension funds to invest in Erste shares. Cesky Telecom traded below the CZK 220 level but was demanded throughout the day by natural buyers. Volume in the SPAD reached USD 12.42 mil. yesterday. For today, we might see an upward correction across the whole of the market.
Milan Prochazka