Warsaw (Puls Biznesu) – Today, the WIG20 index ended the day at 1,876.38, or 0.45 percent higher. Shares of blue chips worth 25 percent less than yesterday, however, changed hands. It may be a sign that pension funds stopped trading after they prevented further falls.
TPSA, which yesterday together with PKN Orlen paced advances, shed 1.6 percent on Thursday, the biggest fall among blue chips. Agora media group, which confirmed it would pay out dividend of PLN 0.50 (EUR 0.1) a share, was rising even 3.7 percent in the morning but after CAIB lowered its recommendation from ‘buy’ to ‘keep’, the company ended the day at the same level as yesterday. Banks were doing poorly. In the WIG20 group, three out of four companies which lost were banks: PKO BP, BZ WBK and BPH. Prokom and Softbank IT companies rebounded after several days of losses. So did Cersanit.
Among smaller companies, Bauma gained after it published good first quarter results. Kopex which signed a contract worth EUR 6.64 m to build coal box for a Serbia company rose, too.
(PLN 1 = EUR 0.240)