The news flow has indeed been very paltry in recent days, and this is unlikely to change over the next week or two. The Czech PPI figure for July is to be released tomorrow, we have June’s retail sales figure on Monday, and that’s it. The government is on holiday until the last week in August. When the Cabinet resumes meeting again late in August, the stock market may liven up — the agenda in August and September includes KB guarantees, the privatization of Ceske radiokomunikace and Cesky Telecom, and possibly of CEZ and Unipetrol, too.
(Ondřej Daťka)