Warsaw (Puls Biznesu) – The WIG20 index gained 0.95 percent to 2,223.30 points, the level last held on April 10th, 2000. WIG, the general index, improved its all-time record for the fifth consecutive day and rose to 30,665.36 points. Without doubt, rises in the Polish stock market were the result of thriving BUX, which was gaining 2 percent all day. Shares of WIG20 companies worth only PLN 425m (EUR 104.6m), or 40 percent less than on Friday, changed hands.
TPSA telecom attracted most of investors’ attention. Shares worth PLN 87m changed hands. The company was adding even 2 percent during the day but it ended just 1 percent higher. KGHM copper producer added 1.9 percent. PKN Orlen fuel giant was a little bit below WIG20 but it ended at its new all-time record of PLN 54.5 a share. Pekao S.A. and Bank BPH, which are to be merged in the future due to transaction between UniCredito Italiano and HVB, were doing poorly. Pekao lost 0.7 percent while Bank BPH ended unchanged.
Modnia paper producer presented disappointing second quarter results and lost 3.1 percent. GTC construction company rose to its new record of PLN 139 a share. Investors are optimistic after data were published that construction production had risen in June by 30 percent. Among smaller companies, Interia jumped 16.4 percent after the company published very good results.
(PLN 1 = EUR 0.246)Poland/Stock market report