The PX-50 index closed down 0.24% yesterday, to 416.8, as total volume slid to USD 19.1 mil. Banking stocks were the main investor focus once again. Ceska sporitelna lost 1.37%, to CZK 324.50, with a strong domestic seller active again, most of the demand originating from abroad. Komercni banka gained 0.56%, to CZK 1,253, trading intra-day above CZK 1,260. Cesky Telecom closed down at CZK 360.50, a price for which there was strong foreign demand. For today, the market is likely to trade higher.
Milan Prochazka