The Czech market showed a good performance in line with positive sentiment in CEE region. All stocks closed up again. Erste Bank was supported by its CEO’s bullish comment concerning the future earnings and became the star of the day gaining more than 2%. CEZ added and crossed the CZK 800 level, but foreigners realized profits at CZK 805. Philip Morris continues in the positive mood as international investors are on the buy side while an domestic accounts offering.
Telefonica O2 CR gained being inspirited by a rally on EU telecoms. CME was lifted towards the end of the session to catch up US trade line performance.
The total traded volumes were average concentrated on CEZ again.