Big decreases on the Warsaw Stock Exchange, the chances for rebound are small

APA - Austria Presse Agentur
14-06-2006, 07:33

Warsaw (Puls Biznesu) – Tuesday was another day of strong decreases on the Warsaw Stock Exchange. The chances for a rebound are very small, analysts believe.

Warsaw (Puls Biznesu) – Tuesday was another day of strong decreases on the Warsaw Stock Exchange. The chances for a rebound are very small, analysts believe.

The falls in Warsaw were accompanied by similar trends of the other exchanges in the region. The trend was triggered by the decision of the European Central Bank which raised the interest rates. Another factor was the possible increase of borrowing costs in the USA. The WIG20 index lost 3.6 percent to 2,545.87 points. Shares worth PLN 2.283 billion changed hands.

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Podpis: APA - Austria Presse Agentur

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