(Milan Procházka) Prague shot up sharply on Friday by 3.24% in a light pre-Christmas trading session. Cesky telecom led the market, adding 5.52% to CZK 477.50. The bidding flow came primarily from locals. Komercni was the only stock with a strong foreign buyer - the stock closed up 3.36% at CZK 889.50. However, only 255.600 shares in Cesky telecom and 83.100 shares in Komercni banka changed hands. Total daily volume on Friday reached USD 10.8 mil. For the days during Christmas period we expect a low volume trading with a minimum interest to trade.
Market is opened from Dec. 27-Dec. 29.