The Czech market jumped being influenced by advanced markets. CEZ led the PSE up thanks to
higher energy prices. Erste Bank strengthened towards the end of the session as some buyers appeared in Vienna. Telefónica O2 CR closed above CZK 530, offers were weak. Orco recovered yesterday’s losses catching up the GTC’s performance. Zentiva tested the CZK 1,300 level, but closed at day high of CZK 1,314. CME continues in its strong rally. The stock rocketed 27% in last 3 weeks. Komercni banka underperformed the rest of the market as foreign accounts were selling. The total traded volume was in-line with the long-term average.