CEZ and Zentiva in the spotlight; market in negative territoty

The market closed slightly in red numbers dragged down by Zentiva and CEZ. Zentiva dropped to CZK 1,300 on new health decree, which will affect generic drug prices and should come into power on April 1st. Unipetrol declined due to comments that 2007 net income will be negatively influenced by its subsidiary (Chemopetrol) outage. Komercni banka found bottom at CZK 3,200. CEZ decreased on weak energy prices. CME outperformed the whole market as Erste Bank initiated coverage of the stock with Acummulate rating and a target price of USD 97.8. The total traded volume was bellow long-term average.