Warsaw (Puls Biznesu) – Just after the market opened, indices in the Polish stock market rose about 1 percent each following great Friday session in the USA. WIG reached its all time record of 29,132.67 points. Soon, however, indices started their way down. Investors in Poland received mixed signals from abroad. BUX, the Hungarian index lost over 1 percent while Western European markets kept rising. WIG ended the day 0.01 percent down while WIG20 lost 0.08 percent.
Shares of the latter worth only PLN 315m (EUR 77.2m) changed hands, the worst result since May 25th. It would have been even worse, hadn’t it been for transactions in which TPSA telecom shares were sold by its financial investors. Shares of the telecom worth over PLN 80m changed hands. TPSA added 0.9 percent and was the best performer among market’s giants.
PKN Orlen fuel giant was the worst performer with 1.7 percent loss. Two smaller IT companies gained most, including Softbank and Computerland. Softbank signed several million zlotys contract with Raiffeisen Polska and was chosen by BISE bank to sign a similar agreement in the future. Computerland signed agreement with Poland’s Ministry of Economy to sustain and develop IT software supporting job offices. This contract is worth PLN 18m.
(PLN 1 = EUR 0.245)