The PX-50 index gained 0.56% on Wednesday, to 427.4 points. The trading was mostly quiet, however, volumes increased later in the afternoon as fresh money entered the market. Large cross-trades involved Ceska sporitelna stock, whose volume exceeded USD 16 mil. CEZ was the lead gainer, rising as high as CZK 78.80 intra-day. Total market volume reached USD 34.0 mil. For today, the market is likely to stay at the current levels; the domestic traders might be on the sell side of telcos as the US markets have recently become weaker.
(Milan Prochazka)