The market gained to fresh all-time high led by Erste Bank and Telefónica O2 CR. The total traded volume was quite thin. CEZ gained despite comments coming from officials that the 2006 profit will be hurt by mild winter. There is again information concerning planed selling of 7% stake in the company where CEZ would bid for. Erste Bank jumped supported by ML’s upgrade of RIBH. Telefónica O2 CR increased to CZK 514 as foreign buyers were on the Buy side; DBK confirmed its target price of CZK 630 and recommendation overweight. CME hit all-time high of CZK 1,830. Komerční banka slightly declined on international supply while buyers were still weak.