The PX-50 Index closed 0.21% higher Friday, once again in line with major European indices. Only the petrochemical stock Unipetrol lost 3.47% to CZK 60.97 after some early afternoon aggressive selling. We believe there are investors who like the stock at current levels and, should no negative news emerge, we expect some bidders to show up. Ceske radio had a good volatility, trading in the CZK 799-860 range. Buyers at CZK 800 levels are both large domestic and international investors. Other stocks traded sideways with no particular flow. Total volume reached USD 12.27 mil. Friday.
(Milan Procházka)