The PX-50 index closed down 0.20% to 402.5 on Wednesday. CEZ led the decliners with a 1.97% loss, to CZK 77.20, with a number of international sellers again on the market. Komercni banka traded higher, by 0.88%, to close at CZK 1,141, on the back of foreign demand for the stock. Total market volume reached USD 14.0 mil. For today, we are likely to see a weaker opening, with the focus again on CEZ and Komercni banka, but we do not believe the market faces any short-term risk of a major weakening.
(Milan Prochazka)