The Czech market closed in-line with the region in negative territory despite rebound after release of US macrodata which came slightly better than expected. The total traded volume was below the long-term averages. Komercni banka was the worst performing stock. After open KB
reached the intraday high of CZK
4,168, but could not hold the gain and fell to CZK
4,032 and finished above the CZK
The activity was concentrated on Komercni banka, CEZ and Zentiva
and Pegas Nonwovens
were the only listing closing with small gain.