Ranní komentář 17.10. - Irsko by nám mohlo uškodit

  We anticipate the market could drift lower on concern about Irish vote on EU enlargement. PX50 lost yesterday -0.38% @ the volume of almost $23 mil.

* CURRENCY: According the National Bank, the Czech Republic should quickly swap Czech koruna in favor of the euro after joining the EU.

* UNIPETROL specified on Wednesday the recent floods caused its units damage estimated at around CZK 1.67bil or CZK 9 per share.

Aug 02 Mkt. exp. Jul 02
Retail Sales (y-o-y) -5.5% -2.0% 5.6%
Avg. Nominal Wage 7.4% n/a 7.0%
Avg. Real Wage 5.0% n/a 3.2%

* POLITICS - The government should discuss state budget draft for 2003.