The Czech market closed up, in-line with rallying CEE emerging markets. Telefónica O2 CR jumped being bid for the whole day and touched CZK 499 level at the close. The stock was also supported with good performance of Polish and Hungarian peers. Komercni banka gained thanks to demand from London accounts. Zentiva increased catching up performance of its regional peers on the back of late aggressive purchases. Erste Bank and Orco were under pressure and admitted profit taking on no news. Volume was below YTD average again, when one of the reasons might be US holidays.