The PX-50 index gained 1.17% to 407.70 yesterday. The gain was led by strong domestic demand for Cesky Telecom; it gained 3.38%, to CZK 337, with an intra-day high of CZK 341. CEZ was the second most actively traded name, adding 1.01% to CZK 85.50. Again, the buying flow originated from domestic institutions. Ceske radio corrected after a week of strong gains, closing down 3.78% to CZK 407.50. Total market volume reached USD 15.85 mil. For today, the session is likely to be driven again by domestic flow, which has been more on the buy side in recent days.
(Milan Prochazka)