Bad day for stocks
On a day when the government failed to steady nerves on the budget and was unable to sell the Puławy chemical works, when European bourses were weak and the złoty fell by yet another four percent nothing good could be expected on the stock market.
The WIG20 lost 1.2 percent to fall to 1,204.4 points whilst the WIG index also fell by the same amount down to 13,422.6 points. Strangely enough whereas elsewhere in Europe it was tech stock that took most of the knocks, here it lost less than the average at one percent.
Turnover was PLN198.4m, 28 stocks increased in value whereas 72 went down.