Warsaw (Puls Biznesu) – The session today started from falls but ended with a small rise. The WIG20 index added 0.07 percent to 2,484.42 points while WIG rose 0.1 percent to 22,418.5 points. The volume of trade, however, was halved. Those who hoped for window dressing were disappointed.
PKN Orlen fuel giant was in the focus. The company published its second quarter report. Its consolidated income (with Czech Unipetrol) amounted to PLN 2.7 billion (EUR 691.2m). Investors were not moved, however. The result was achieved thanks to underestimation of the assets bought with the Czech company. Shares of PGNiG rose 0.5 percent after Kazimierz Marcinkiewicz, the candidate for Prime Minister post, said that the state should acquire PGNiG’s subsidiary transporting gas.Indykpol turkey producer gained several percent after it said it wanted its shareholders to agree for it to buy its own shares in order to cancel them. Beef-San meat producer jumped over 11 percent today.(PLN 1 = EUR 0.256)
Poland/Stock market report