Index PX-50 lost 0.03% to 368.40 points on Wednesday. Komercni banka was the most actively traded stock of the day as more than 211,000 shares changed hands. While the selling was often done by foreign investors, demand was mainly local. After a weak opening (CZK 250) Cesky Telecom rallied up to CZK 264 as Europe turned into a positive territory. The stock held on to its gains and closed at CZK 257.80, up 3%. Today we are likely to see a further strengthening of Cesky Telecom, as well as an overall positive mood with regards to other stocks. Total volume reached USD 10 mil.
(Jiří Soustružník)