The PX-50 index lost 0.94% to 327.80 points on Thursday. The session was weak in volume again, at only USD 5.92 mil. There were a number of foreign institutional buyers in Cesky Telecom, while the flow in other names was primarily domestic. CEZ lost 3.53% to CZK 69.14, mainly due to low liquidity. For today, the local market is likely to face further downward pressure as some market participants may start closing long positions.
(Milan Procházka)