The PX 50 index gained 2.53% to 397.6 points on Thursday. The two domestic telecom stocks led the market. Ceske radiokomunikace said it plans the sale of its 39% stake in Radiomobil and that it has granted an option to purchase the stake to its 100%-owned subsidiary based in the Cayman Islands. Following the announcement, an aggressive domestic buyer drove the CR share price as high as CZK 360 (+3.7%). Cesky Telecom, the most active stock yesterday, rose 3.0% to CZK 369. Total trading volume reached USD 21.9 mil.
(Milan Chmelar)