Czech market got hit again, index PX-D lost 1,5 %

Market got hit in-line with general sell-off on emerging markets. Currencies dipped across the board. All stocks but CME closed in red - best YTD performers, CEZ and Unipetrol, led the decline. CEZ was best traded again, support seen at 790 CZK. Komercni - 3300 CZK seen a nice support. Cesky Telecom fell below 520 CZK - foreign sellers. Zentiva was hit down to 1170 on stop losses but closed at 1190 CZK. Nice volumes went through the market - foreigners selling , locals on the buy side.

* MACRO - FEB (CPI) came lower +0.1% vs +0.2% exp

* GDP (4Q05) WILL BE PUBLISHED TOMMOROW - cons +4.9 % - our exp 5.5 %