Poland: Foreign investors buy GPW blue chips

APA - Austria Presse Agentur
opublikowano: 19-01-2005, 20:55

Warsaw (Puls Biznesu) – On Wednesday, the market rebounded after days of losses. The WIG20 index grew 0.08 percent to 1845.48 but during the day it set its daily record of 1857 points, i.e. 0.7 percent above the Tuesday level. Shares worth PLN 650 m (EUR 159.3 m) changed hands, 30 percent more than yesterday.

Warsaw (Puls Biznesu) – On Wednesday, the market rebounded after days of losses. The WIG20 index grew 0.08 percent to 1845.48 but during the day it set its daily record of 1857 points, i.e. 0.7 percent above the Tuesday level. Shares worth PLN 650 m (EUR 159.3 m) changed hands, 30 percent more than yesterday.

Moreover, the three giants: PKO BP bank, PKN Orlen fuel company and TPSA telecom were eagerly bought. Shares worth PLN 100 m of each of the companies changed hands, a clear sign of foreign investors on the Polish bourse GPW.

TPSA grew nearly 3 percent after twelve days of falls. PKO BP added 2.3 percent. Smaller banks, including BPH, kept falling. BPH shed 3.6 percent when it turned out that Glimar refinery owed the bank PLN 300 m.

(PLN 1 = EUR 0.245)

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Podpis: APA - Austria Presse Agentur

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