The PX-50 index gained 0.47% to 363.60 on Monday, led by strong gains in Ceske radiokomunikace (up 4.48% at CZK 310.30) and Ceska sporitelna (up CZK 1.40% at CZK 288.80). Sporitelna was the most-traded name in terms of volume, with strong foreign interest. Cesky Telecom, on the other hand, saw light activity, with only 200,900 shares changing hands; the stock closed modestly up, at CZK 265.60. Total market volume reached USD 10.4 mil. For today, we are likely to see further strengthening after yesterday’s US close.
(Milan Prochazka)