The PX-50 index lost 0.72% to 427.90 points yesterday, led down by declines in CEZ and Ceske radio. CEZ lost 2.45% to CZK 97.50 after Der Spiegel magazine reported that RWE, the German utility, might cancel its contracts with CEZ following a similar move by its rival E.ON. Also, a domestic strike threat by power-sector unions will not help CEZ shares today, either. Ceske radio lost 2.39% after a one-time sell-off from a local bank; only 27,000 shares changed hands. Total volume reached USD 7.44 mil. on Monday.
(Milan Procházka)