Prague market lost 1.82% on Monday, in a very low volume of only USD 14.5 mil. and unlively trading. The main loser was Cesky Telecom, down 3.66% on the day (CZK 545). The trading was in line with developments on major markets. Also, given the low volume and virtually zero capital flow, the market is likely to decline in the days to come. We feel Komercni banka and Cesky Telecom are the most likely targets.