The PX-50 index lost 1.42% on Tuesday as local investors continued making stop losses in Komercni banka. Komercni lost 4.89% to CZK 1,012, trading in a good volume of 329,093 shares. CEZ is also stronger on the sell side, the stock lost 1.26% to CZK 87.14, and volume exceeded 620,000 shares. For today, we might expect further weakness ahead of the long weekend (market is closed on Thursday and Friday), as brokers are likely to reduce positions. Total volume reached USD 11.9 mil. yesterday.
(Milan Procházka)