The PX-50 index gained slightly on Thursday, rising 0.16% to 368.6 points. Ceska sporitelna was once again the most actively traded stock in terms of traded volume, as more than 960,000 shares changed hands. Sellers were mostly large domestic institutions and the buying flow came primarily from abroad. Komercni banka added 0.31% to CZK 976.50, trading as high as CZK 999 per share yesterday. Total volume reached USD 21.3 mil. For today, we expect the market will gain in early trading after the surprising strengthening of US markets last evening. However, we also expect some profit taking to occur ahead of the weekend.
(Milan Procházka)