The market finished lower after volatile afternoon session. The total traded volume was well above the long term averages. CEZ dropped from CZK
980, as international investors were selling and closed just above the CZK
970 level. Komercni banka came off by 1.25% after recent strong rally. Telefonica O2
CR was demanded by foreign players and finished flat. We saw mixed selling on ECM, it should announce its NAV on April 24. Good volume went through the market in Zentiva
, which closed slightly in red numbers.
The biggest gain 2.4% scored Philip Morris
on buying interest from both domestic and international accounts.