PSE closed 0,44% higher last night led by CEZ. Otherwise activity remained low and total turnover was a way below long-term average. CEZ was also most traded name (57% of total t/o). Stock was demanded ahead of today`s 2Q06 numbers. Both banks closed lower on rather low volume. Philip Morris CR got another hit and lost 5% on no demnad on the market and speculation exice tax will be higher than expected. Cesky Tel jumped above CZK 460 lvl on domestic retail buying. Today we expect lower opennning, investors will follow CEZ 2Q06 numbers at 9:45 am.