Czech stock market closed higher despite some profit taking during the last 2 trading hours. High volumes went through the market thanks to increased activity in the afternoon. Zentiva
was again traded with the highest volume after reaching its new historical high at 1521 CZK
. Investors started taking their fat profits and sent the stock below 1480 level.
Pegas was the worst performer of the day due to local supply. Philip Morris
got under pressure before tommorrow's results. Erste
were winners of the day. Orco
was demanded after yesterday's upgrade from Citibank.