The PX-50 index gained 0.88% to 378.6 points on Thursday. The gainers were led by Ceska sporitelna (CS), which added 3.24% to CZK 302.30. CS volume was high, more than 600,000 shares changed hands. Cesky Telecom also gained, it added more than 2.57% to CZK 299.30, with most of the demand coming from abroad. Total market volume reached USD 14.96 mil. For today, we are likely to test further strength of the market, banks and telcos will likely gain. The afternoon may see some profit taking ahead of the weekend.
(Milan Prochazka)