The PX-50 Index lost another 2.13% to 367.6 points on Thursday. The session was strongly marked by the fall of NASDAQ Composite to a 4-month low. The market opened lower in the morning, but activity was not as high as expected. The biggest loser of the day was Cesky Telecom, which was under pressure due to negative sentiment towards the European telecom sector, and fell 7.21%, to CZK 258.45. Total Thursday trading volume stood at USD 15.46 mil. We expect below average trading activity today (it’s Friday), the direction will be determined largely by markets abroad.
(Dana Bébrová)