The Czech market finished higher line with other emerging markets. The trading session was very strong, especially in the afternoon after US GDP figures were announced. CEZ got lifted by almost 3% and reached CZK 940. Telefonica O2 CR (Cesky Tel.) closed above the CZK 470 level supported by international buyers. Erste Bank jumped after recent weaknesses on the back of the heavy buyers in Vienna. Zentiva and Komercni banka soared from its oversold territories, when foreign accounts were on the buy side. Unipetrol was the only stock closing in red numbers on the back of the EUR 17.6m fine from EC for the cartel agreement.
The total traded volume was above the long term average as volume increased substantially in the afternoon session.