The PX-50 index gained strongly yesterday, rising 2.34% to 425.1 points, driven by large buy orders in the market. Komercni banka gained 2.83% to CZK 1,271, Cesky Telecom gained 3.46% to CZK 370.60, and CEZ closed up 3.38% to CZK 82.25. The total volume was above average at USD 33.4 mil. The market is likely to open on a positive note today and trade in positive territory throughout. Friday afternoons usually see domestic brokers closing positions ahead of the weekend, however.
(Milan Prochazka)