Komercni hit a four-month high (CZK 932.50) on Friday as a London buyer continued in aggressive lifts off. We believe market expectation of government guarantees to KB is driving the price increase. KB has added almost 6% in the last five trading days. Cesky Telecom, however, was still under pressure, testing the CZK 600 level. In the end, the stock was able to hold on to its position at this level, at least on Friday, though the sellers were very strong and aggressive. Other stocks followed Cesky Telecom’s lead. Index PX50 added 0.02% on total volume of USD 12.8 mil.