The PX-50 index slid 1.15% to 451.6 points on Friday. The decline was again due to global equity weakness. Komercni banka lost 2.7% and closed below CZK 1000 when investors began collecting profits. The participation of foreign investors has been almost negligible in recent days. Philip Morris stock continued to strengthen—it has gained roughly 6.5% since the company released good 2000 results last week. Total volume in the SPAD reached only USD 8.1 mil. on Friday. For today, we expect another weak opening given US market closes and as the local market continues to trade without any major news.
(Dana Bébrová)