The PX-50 index gained 0.62% to 418.70 points as Komercni banka led gainers once again. Komercni added 2.50% to CZK 1,105, having traded intra day as high as CZK 1,111. There was a strong presence from both international buyers and sellers. The optimism in Komercni favorably affects Ceska sporitelna, which traded close to CZK 250 and with a good volume of 415,000 traded shares. Cesky Telecom lacked major trading interest yesterday, though today we expect the stock to gain after a positive US close and following upbeat comments yesterday from a Fed member on US economic outlook. Total market volume reached USD 14.67 mil. on Monday.
(Milan Procházka)