The Czech PX-50 index added 1.80% as Europe continued to trade in a positive mood with the local market lacking any negative news. The winner of the day was Komercni banka, adding 3.87% to CZK 1,030 after a number of strong buyers from London stepped in late afternoon. Other stocks moved sideways. Philip Morris CR today starts trading ex-dividend in SPAD, the spread is likely to widen by as much as CZK 1,000. We believe we are likely to see the market trade higher again today, however, all this depends on European opening levels. Total volume reached USD 13.68 mil.
(Milan Procházka)