The PX-50 Index gained 0.83% to 411.6 points after CEZ and Komercni banka were once again well demanded by foreign institutions. CEZ traded in a heavy volume, almost 3.3 mil. shares changed hands, the stock closed up 3.2% at CZK 82.80. Komercni banka added 2.3% to CZK 1,160. Cesky Telecom was well supported at CZK 370. Total market volume reached USD 24.6 mil. Today, we are likely to see the market ease slightly after Greenspan’s speech on Friday, we also expect volumes to decline.
(Milan Prochazka)