The Czech market rebounded strongly in the last 30 minutes and surprisingly finished in positive territory despite heavy sell-offs in neighbouring markets. CEZ was traded flat for almost whole day and was lifted in final 30 minutes by CZK 20 on short covering. The high electricity prices helped the stock to rally. Komercni banka tested CZK 3,000 level couple of times today and raised toward the close along with CEZ. Zentiva reached CZK level 1,000 intraday, but finished at day high of CZK 1,017. Erste declined almost 1.5% thanks to selling in Vienna and together with CME become the worst performers. Telefonica O2 CR defended the crucial CZK 450 level. Volumes were well below YTD average as CEZ was the most actively traded stock, as usual.