The market fell again on Tuesday. Cesky Telecom crashed through 700 on its way down and never recovered, Komercni suffered considerable losses, and IPB was again under heavy fire all day long—it was down 9% 15 minutes before the close of trading—but the bank’s own intensive buying pushed the stock into positive territory in the end. There was sustained selling in RIF, too (the fund has a good deal of IPB stock in its portfolio).
(Pavel Růžička)