Index PX-50 lost 0.57% to 404.40 points in a quiet trading session on Tuesday. Komercni continued gaining as some natural buyers were still on the market, the stock added 2.69% to CZK 973. It traded on a good volume of 232,300 shares. Ceske radio led the losers, and on low volume (51,000 shares) the stock lost 5.81%. Sellers in the stock were foreign, some small bids could be found with local brokers. The market seems to be long and we anticipate further weakness in the stock. Natural buyers are nowhere to be seen. Total market volume reached USD 10.9 mil. on Tuesday. For today, we might see a further drop, the PX-50 index may dip below 400 level today as US sends another negative signal.
(Milan Procházka)