A major turnaround occurred in Prague on Wednesday. The morning trading was lethargic and dull but, in the afternoon, a number of bidders from abroad appeared in Cesky Telecom— the stock rocketed 4.80% to close at CZK 677, just CZK 3 below its intra-day high of CZK 680. Trading was purely technical, driven by a few buy orders; there was no news. For the very near future, any market direction will be determined by those showing a sign of having an order. The Cesky Telecom rally pushed all other stocks some +1% higher or more. Volumes were below average, at USD 15 mil. The PX-50 index strengthened 2.57%.