The PX-50 index closed down 0.55% to 432.3 points. Ceske radiokomunikace was the most volatile and the most heavily traded stock of the day. It closed down 8.6% to CZK 362 on a volume of USD 6.9 mil. Both the selling and buying of that title originated abroad. Komercni banka gained 0.2% to CZK 1,433 amid scant interest. Total market volume reached USD 15.92 mil. For today, we believe that Ceske radio might rebound and correct slightly, though investors are likely to await more information regarding the new structure of the company from the April 8 EGM. Should the volume remain average, we believe that the market will ease off slightly.
(Milan Prochazka)