Investors are lazy before Christmas

APA - Austria Presse Agentur
22-12-2005, 22:03

Warsaw (Puls Biznesu) – Today, the WIG20 index lost just 0.25 percent while shares worth PLN 383m (EUR 99.9m) changed hands, three times less than yesterday. MIDWIG, the index of medium-sized companies, did not slow down and ended at 2,169.32, its fourth consecutive record. Within 12 months, however, MIDWIG was doing worse than WIG20. The latter has gained 34.

Warsaw (Puls Biznesu) – Today, the WIG20 index lost just 0.25 percent while shares worth PLN 383m (EUR 99.9m) changed hands, three times less than yesterday. MIDWIG, the index of medium-sized companies, did not slow down and ended at 2,169.32, its fourth consecutive record. Within 12 months, however, MIDWIG was doing worse than WIG20. The latter has gained 34.7 percent while MIDWIG 25.4 percent.

Among giants, PKN Orlen fuel giant managed to add 1.5 percent while shares worth PLN 65m changed hands. The company is getting ready to buy Slovenian energy company Petrol, according to press reports. Besides, oil rebounded after it had become clear that oil inventories in the USA had dropped. GTC was the best performer and jumped 2.6 percent after it said it had sold half of its stake in shopping mall in Krakow for EUR 40m. The company also bought minority stakes in its subsidiaries in Hungary, Romania, Serbia and Croatia from ADRI International.

Among smaller companies, LZPS Protektor and Capital Partners were the best performers. Both jumped about 14.5 percent. Novitus IT company had a successful IPO, the 35th IPO in the WSE this year. Shares opened 4.58 percent up at PLN 16 and ended PLN 15.9.

(PLN 1 = EUR 0.261)

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Podpis: APA - Austria Presse Agentur

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Inspiracje Pulsu Biznesu

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IT, IPO

Puls Biznesu

Inne / Investors are lazy before Christmas