The PX-50 index lost 1.95% yesterday, closing at 406.7 points. The sell-off of Cesky Telecom and Ceske radiokomunikace continued (fueled by stop-losses of minor investors): Cesky Telecom lost 5.17% and Ceske radiokomunikace lost 1.62%. Total volume reached USD 17.09 mil. on Wednesday. Although the market could open weaker today, we would expect a slight rebound as we consider the index to be oversold.