No movement

Alan Heath
opublikowano: 2002-08-23 00:00

Suggestions on Wednesday that investors would resort to profit taking on Thursday did not have a major impact on the Warsaw stock market which closed roughly at the same position as where it started the day. The effect was perhaps only visible when compared to the gains made in western Europe and in particular France which saw growth in excess of two percent. News of a potential merger by systems integrators Computerland and Softbank may have been expected to had some positive effect on the stock of these companies. As it happened the former gained two percent and the latter closed the day only slightly up having reached an increase of seven percent at one point. Opinion on the market is that Computerland does not need Softbank, a company which is believed to have too many skeletons in the cupboard.