Warsaw (Puls Biznesu) – After three days of increases, the raises in the Warsaw Stock Exchange stopped today. The WIG20 index ended at 2,825.71, or 0.13 percent lower. There is no reason to worry, however. The index is very close to the barrier of 3,000 while in Summer no one thought it would exceed 2,500 points.
KGHM copper producer kept rising today. After it had added 6.4 percent on Wednesday, today it grew 1.3 percent. The company received contradictory recommendations. CA IB recommends to buy shares with target price at PLN 81. UBC lowered its recommendation to ‘neutral’ from ‘buy’ with target price at PLN 63. Today, shares cost PLN 69.1. PKN Orlen fuel giant attracted most attention, shares worth PLN 180m changed hands but they fell 1.6 percent, the biggest decrease within WIG20 companies.
Bioton insulin producer added 2 percent. On Monday, the company jumped 13 percent, then two days of rest followed. Stalexport jumped 18.7 percent after news that Roman Karkosik, the well-known businessman, was going to buy a stake. Capital Partners jumped 23.6 percent when it turned out that the general shareholders’ meeting to be held on January 26th, will decide about an issue of 4.6m shares.