The PX-50 index fell 1.14% to 425.50 points in an active trading session on Friday. Cesky Telecom lost 4.17%, trading as low as CZK 361.30, and more than 968,777 shares changed hands. Local brokers initiated the sell-off, later joined by foreign players. Buyers appeared at the CZK 360 level. The market’s attention was focused solely on Cesky Telecom stock on Friday; other names moved sideways. Total market volume reached USD 15.11 mil. For today, we expect a positive opening.
(Milan Procházka)