The Prague PX-50 stock index rose modestly on Tuesday, up 0.96% to 452.3 points. Cesky Telecom traded in a good volume in a range of CZK 391.3-415.2 There was panic at the open, but there was a strong demand later in the day from both international and domestic investors, which pushed the stock up 5.95%, to CZK 414.6. Other stocks traded sideways with no particular trading or news flow. For today, we expect a positive open, though we see little chance of a domestic rally. Total volume reached USD 13.49 mil. on Tuesday.
(Milan Procházka)