The Czech market closed strongly up, but volumes were still well below YTD average. All stocks from main Prague’s benchmark Index PX gained. CEZ broke CZK 780 level on the back on the news that energy consumption in Czech is at its high. Komercni banka raised by almost 2% after upgrade from some analysts to Buy from Hold. Telefonica O2 CR finished at CZK 480. Company reported 2Q06 figures in-line with expectations and cut its sales growth to zero from 2-3% growth previously expected. CME jumped in the afternoon’s session after upgrade to “overweight” from JPM.