The PX 50 index closed down 0.1% to 407.7 points on Thursday. Foreign investors focused mainly on Cesky Telecom, and early selling pushed the price down to CZK 300, where the stock showed resistance, eventually closing at CZK 308 (down 1.3%). Cesky Telecom was the most active title. Selling pressure continued in Unipetrol, which traded intra day as low as CZK 31.35. CEZ was also weak. On the other hand, Komercni banka did rather well on Thursday, on the back of mainly foreign buying. The total market volume reached USD 15.4 mil.
(Dana Bebrova)