The PX-50 index gained 0.79% to 408.2 points on Thursday. The gain was led by further strength in Komercni banka, which added 1.34% to CZK 1,134, and recording an intra-day high of CZK 1,140. CEZ traded above CZK 80, with strong demand from abroad. It was only Cesky Telecom whose volume lagged somewhat, and the stock traded just slightly above CZK 370. Total volume reached USD 23.7 mil. yesterday. Today, there could be further money flowing into the market which should help sustain the week’s gains.
(Milan Prochazka)