We experienced pretty quiet session with total traded volume below the long-term averages. Activity was concentrated in two names.
Telefonica O2 CR was the most traded stock followed by CEZ.
Telefonica O2 CR showed another gain after yesterday’s target price upgrade from some broker, but was not able to break the
CZK 590 level. CEZ declined by 0.3%, but only the half of usual traded volume changed hands. Komercni banka and
Zentiva were under pressure due to international players.
Pegas Nonwovens increased by 1% also thanks to foreign investors.