(Milan Procházka) The PX-50 index gained a strong 2.36% on Monday to 372.80 points as Cesky Telecom gained 3.3% and Ceska sporitelna 6.0%. Cesky Tel rose due to the technical correction on Western markets, while Ceska sporitelna shot up after HSBC upgraded the stock. Other names traded sideways with overall trading that was very quiet. For today we expect the market to open stronger after a positive NASDAQ close yesterday. However, we are cautious ahead of possible profit-takings later today. Total volume reached USD 13,9 mil.