The PX-50 index continued its recent decline on Friday, closing down 0.49% to 443.1 points. Komercni banka was once again the market driver, losing 3.7% to CZK 1,663 on heavy volume from both domestic and foreign accounts. Other names moved largely sideways in otherwise undramatic trading. Total volume reached USD 62.5 mil. on Friday. Today we expect a quiet start to the week; the market is likely to focus on Komercni banka again.
(Milan Prochazka)