The Warsaw stock market yesterday fell below 1,200 points. Despite a good start, demand fell with a consequent drop in prices. The WIG20 closed the day down 0.4 percent at 1,195 points. A fall of 0.7 percent was noted by two of the main players, TPSA and bank Pekao SA. The loss of interest in the latter is clearly due to the fact that the bank will not meet its forecasted PLN1bn profit this year as a sale of its credit card clearance company subsidiary Polcard is seemingly unlikely. Construction company Mostostal Gdańsk reached its lowest point ever as the firm is burdened by increasing debt. The company has specialised in retail centre development. Investors clearly have ignored a report issued last week by estate agents Healey and Baker which put this country in the European number one spot for such development in 2003 and 2004.