Prague's PX-50 index lost a further 0.96%, to 486.1 points, on Wednesday, with Ceske Radiokomunikace being the loser of the day. Ceske Radio fell 3.22%, to CZK 1,202, as local houses stop-lossed positions, joined by foreign institutional investors later in the day. Volume in the title was above average, at 115,000 shares. Cesky Telecom’s trading volume, on the other hand, was very poor, as only 276,000 shares changed hands—the stock traded as low as CZK 480.10, where it found demand. CEZ, up 2% at CZK 110.24, seems locked in a growth pattern as liquidity improved and as a number of foreign buyers bought in. CEZ's volume exceeded 1.3 mil. shares yesterday. We believe that there might be a further upside for the stock today. Total market volume reached USD 18.13 mil. on Wednesday.