The afternoon session lifted PSE to positive territory

The market closed higher as was lifted towards the end of the session and followed rallying advanced markets. CEZ traded all day at the CZK 805 level, but closed at day high of CZK 809 when accelerated in the last 30 minutes of the trading. Telefonica O2 CR (Cesky Tel) had a same trading pattern as was traded at CZK 440, but closed at CZK 445. Zentiva finished flat at CZK 1,315 supported by foreign players, despite sharp fall of Hungarian pharmas. Komercni banka surprisingly declined testing the CZK 3,300 level even though Polish banks stood at all time high and OTP soared also. Societe Generale is at the life high thanks takeover rumors. CME was the worst performing stock loosing more than 2% copying negative performance of its US trade line. Philip Morris strengthened further when international investors were buying and no offers.