The Prague PX-50 index gained slightly on Wednesday, up 0.23% to 428.7 points. The market opened strongly with the focus again on Komercni banka, particularly after the Finance Ministry said yesterday that the bank’s privatization could be finished as early as the first week of June. As there was some profit taking before the end of the session, the stock closed at CZK 1,134 (+0.5%), but had traded as high as CZK 1,165 during the day. The optimism in Komercni cast a positive light on Ceska sporitelna, which traded at CZK 255 in a good volume of 470,000 shares. C. Radio was up 1% at CZK 586, and Cesky Telecom gained 0.4% to CZK 346. Total volume reached USD 16.4 mil. yesterday.
(Dana Bébrová)