Cyrrus (Cyrrus)
Czech markets  |  July 18, 2012 17:15:04

The Prague Stock Exchange today held a Commercial Bank

Today's floor session in Prague did not offer much opportunity and marked fluctuations. The PX index fluctuated just above the 900 points and the direction it into the red were driven primarily by Erste (378 CZK, -2.35%) and CEZ (730 CZK, -0.62%). In contemporary times, as the only successful company which is traded in appreciable quantities, it appears Commercial Bank (3460 CZK, +1.8%).

Volume traded in the current times (16:00) just below 200 million and thus shows a very weak investor interest. In recent weeks can be considered a success when the volume on the PSE exceeds half a billion.Personally, I expect any improvement very slowly, but this does not exclude the possibility of marked fluctuations in individual titles.

More interesting was the situation with our western neighbors, which in today's pivotal moments DAX index added 0.73% and traded at 6,625 points. Novice investors earnings season so far has not brought significant disappointment, so I think that if this trend is confirmed in the coming days, the situation may stabilize short.

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