The Czech market recovered form yesterday’s losses increased by 0.9% and outperformed neighbouring markets. CEZ was in the spotlight of international buyers. Zentiva was the stock of the day. Company corrected the recent fall supported by better than expected 3Q06 results. Telefónica O2 CR (Cesky Tel) increased in line with its regional peers, when foreign accounts were buying. Erste Bank gained on the back of the nice demand in Vienna and upgrade from SocGen. CME declined thanks to profit takers as USD/CZK rate decreased strongly.