The PX-50 index gained 1.33% to 433.9 points on Friday. Komercni banka was the only stock with good volume, trading in excess of USD 10.5 mil., and whose share price established a new high at CZK 1,636. The gain there were primarily led by recent upgrades from large London brokerage houses. Other names traded quietly, and the overall session, with the exception of Komercni, was fairly uneventful; total volume reached USD 20.6 mil. For today, Ceske radio will be in the spotlight as it has an EGM today (trading in the stock is likely to be suspended in the afternoon). Also, a Ceska sporitelna tender offer becomes effective today (see below).
(Milan Prochazka)