New records hit on the last day of the week

APA - Austria Presse Agentur
opublikowano: 2006-01-06 21:24

Warsaw (Puls Biznesu) – The first week of the year was very good for stock investors. WIG20 added 7.5 percent in the first days of January. It beat records every day except Thursday. On Friday, it ended 1 percent up at 2,854.25 points. 8 out of 13 indices hit their all-time records, including WIG, MIDWIG, WIRR, sub-indices of banks, construction and media companies.

Warsaw (Puls Biznesu) – The first week of the year was very good for stock investors. WIG20 added 7.5 percent in the first days of January. It beat records every day except Thursday. On Friday, it ended 1 percent up at 2,854.25 points. 8 out of 13 indices hit their all-time records, including WIG, MIDWIG, WIRR, sub-indices of banks, construction and media companies. Shares of blue chips worth PLN 1 billion changed hands, and shares of remaining shares worth PLN 370m changed hands on Friday.

 

Smaller companies of the WIG20 index were the best performers including TVN media group (7.3 percent), BZ WBK bank (4.4 percent) or Softbank (3.7 percent). Prokom IT company added 3 percent. Prokom will have buy option for 8.5m shares of Bioton insulin producer issued to raise capital. Why? Prokom helped Bioton finance the tender offer to buy shares of SciGen’s Singapore subsidiary. Bioton rose 2.3 percent.

 

Among smaller companies, Stalexport was outstanding. Shares worth PLN 100m changed hands, and they jumped 8.4 percent. On Thursday, they had jumped nearly 19 percent. Investors follow Roman Karkosik, the investor who said in “Puls Biznesu” that he had been interested in Stalexport. Budimex construction company started 20 percent up after it said its subsidiary had signed a contract to build shopping moll in Gliwice. Budimex ended 6.6 percent up.