The PX-50 index gained 0.34% to 415.3 points on Tuesday. Overall, it was a volatile session featuring buying flow in Czech banking titles and the selling of Cesky Telecom shares. Komercni banka added 2.96% and closed at CZK 1,286. Cesky telecom closed at CZK 325.30, with an intra-day high and low of CZK 330 and CZK 322, respectively. Total volume reached USD 16.10 mil. For today, the market will focus on Cesky Telecom and its 2001 figures, due to be released at noon, but given the upbeat sentiment on US markets, we believe that the market should trade in a slightly positive territory.
(Milan Prochazka)