Czech market fell 0.4% on Friday as international accounts continued taking profits. CEZ dropped to levels around CZK 790, locals still providing support in the stock. CME closed 2.8% lower as it closed US arbitrage gap. Komercni seems to have technical support at CZK 3,380 level and we see selected buying interest there, however it does not manage to break above CZK 3,400. Cesky telecom traded flat at CZK 516-518.5 range, awaiting its quarterly earnings due February 23rd.