Warsaw (Puls Biznesu) – The last week of the year started very well today. The WIG20 index rebounded after Friday loss.
The 20 share blue chips index gained 2.15 percent to 3,323.78 points on Wednesday. It is just 3.19 percent below its record reached on December 18th. However, indices are very high already and may not grow further. The volume of trade indicates that investors are on holidays. Shares of blue chips worth only PLN 470m changed hands. KGHM and TP generated 40 percent of trade. The copper producer rose 3.2 percent to PLN 91. The telecom added 2.6 percent to PLN 24.67 while shares worth PLN 115m changed hands.
Investors seemed undisturbed with the fact that ex-PM Kazimierz Marcinkiewicz will be the CEO of PKO BP. However, the true reaction may be withheld till January. Now, the funds have to keep PKO BP shares in order to prevent WIG20 index from deeper falls with PKO BP being the most important stock for the blue chips index.