The Czech market adds strong 2.5% in-line with region and global sentiment. PX Index closed at its day high, all blue chips strengthened. CEZ and Zentiva were market movers supported by international demand. Zentiva was very strong and closed up by almost 6% after JPM increased its target price by 4.8% to CZK 1,632 per share. Further support came from UBS as named Zentiva, OTP and MOL as top picks in Central Europe. Komercni banka and Orco exceed 4%. Komercni was boosted before the session end.
The total traded volume was again well above the long term average.