The PX-50 index gained 0.33% to 364.8 points on Tuesday. Trading was extremely light with an overall volume of only USD 4.7 mil. Price activity remained in a narrow range and there was not any important trading or news flow. Today, we believe Unipetrol will be in focus as Czech newspapers carry reports on the privatization short-list of bidders, ahead of the official announcement expected today. Volume will likely remain low, though.
(Milan Prochazka)