The PX 50 index added 0.46% to 394.7 points yesterday. Another rate cut in the U.S. did not provoke a bullish reaction on the domestic market here, which followed the overall sentiment on European markets. News about a delay in the Cesky Telecom privatization brought CT as low as CZK 308, but a strong local demand eventually pushed the stock up, to CZK 328.50 (+1.99%). Komercni banka kept weakened due to local sellers; it lost 1.10% to CZK 991. Total volume reached USD 12.5 mil. yesterday.
(Milan Chmelar)