The PX-50 index gained 1.57% to 447.1 points on Monday led by further gains by Komercni banka and Ceske radiokomunikace. Komerční banka added 4.9%, to CZK 1,834, on a decent volume as local accounts closed their short positions and as inflow continued from abroad. Ceske radio rose by almost 3% on a better-than-expected reported bottom-line. Philip Morris CR closed almost unchanged at CZK 7,573, despite that its AGM approved a higher-than-expected gross dividend. Total market volume reached USD 32.5 mil. yesterday.
(Milan Prochazka)