The PX-50 index lost 1.51% on Thursday, to 331.9 points (Friday was a public holiday in the Czech Republic). The sharpest decline was recorded by Cesky Telecom (down 5.21% to CZK 227.30), as some local players closed long positions ahead of the long weekend. Total market volume reached USD 18.33 mil. This morning, the market may seek to catch up with Friday’s gains on major markets, but there do not seem to be strong domestic reasons for substantial gains today.
(Milan Prochazka)