The Czech market closed up in-line with positive sentiment in CE3 region. Second-tiers outperformed the rest of PSE led by ECM, Orco and finally Pegas which jumped from oversold territory. CEZ declined being offered by foreign players. Fall of electricity prices in Germany and collapsing CO2 permission prices also did not help to the stock. Telefónica O2 CR reached its 6 years high, but failed to hold levels above CZK 555. The total traded volume was below the long-term average due to holiday in US.