The PX-50 index lost 2.79% to 330.5 points on Wednesday. The Czech market’s opening was delayed (opening at 11:30 am) after the US events; the Prague market followed Europe without reflecting domestic developments (Unipetrol and CEZ privatization). Total volume reached USD 21.6 mil. on Wednesday. Today we could see the recovery of telecoms, but we may see weakness in Komercni banka (see report below).
(Milan Prochazka)