The Czech market rallied today thanks to positive sentiment persisting in the region. All SPAD stocks finished with gains. PX
Index improved its all-time high. CEZ, Telefonica O2
and Komercni banka were the market movers today, volumes were well above average. CEZ performed very well, but couldn't manage sustained break above the magical 1000 level and closed a notch below 990 CZK
. Main driver was earlier-than-expected convergence of Czech electricity prices to German levels. Star of the day was Komercni banka on the back of possible merger of SoGe with Unicredit.