Ranní komentář 21.08. - pokles bude pokračovat

  We expect the market to continue in its yesterday downside trend.

CESKY TELECOM: Mobile unit Eurotel said cost cutting measures would offset slowing customer growth and should result in slight increase of 2002 profit.

MOBILE OPERATORS: Eurotel and RadioMobil said the impact of flooding should have neutral effect on their 2002 net incomes

ERSTE BANK agreed with Prague Stock Exchange to postpone listing on the Czech market to October 1 due to problems with floods.

CEZ: The swap of distributors for transmissions grid (CEPS) is reaching completion after the Ministry of Labor and Social Affairs finally gained the agreed 15% stake in CEPS for CZK 3.5bil.

MACRO: The foreign aid would be diverted from FX market and converted into CZK in the central bank.


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