As predicted, and in line with the positive change on major markets yesterday, Prague rebounded as well, adding 2.72% to the PX-50 index for 476.40 points. Even in terms of volume the market rose, to USD 17.51 mil. Still, a number of cross trades done in the pre-opening session inflated volume significantly. Cesky telecom and Ceske radio were the day's gainers: Cesky telecom up 3.13% at CZK 491.30, and Ceske radio added 3.03% to CZK 1428. Volume in CEZ is dropping, yesterday below 1 million shares, but it seems that market players may start looking at the stock in the short term should the positive mood persist.
(Milan Procházka)