The PX-50 index lost 1.75% to 381.30 points on Friday as Unipetrol, CEZ and Cesky Telecom all lost strength. There was strong selling pressure as a result of position-closing by domestic investors, both institutional as well as retail. It was retail sellers who prevailed on Friday, where the situation was similar to the recent stop-losses in Komercni banka. Total market volume reached USD 14.8 mil. on Friday. There is no obvious indication as to where the market should go today, a relatively quiet session is possible.
(Milan Procházka)