Poland/Stock market report
Warsaw (Puls Biznesu) – On Tuesday, after four days of falls the WIG20 index grew by 2.13 percent to 1833.08 points, and the volume of trade increased by over 50 percent. Increases were fuelled by foreign capital getting ready for the Wednesday IPO of PKO BP bank.
Two companies, TPSA telecom and PKN Orlen fuel giant were much traded. Shares of both companies worth over PLN 100 million (EUR 23.3 million) changed hands. PKN Orlen advanced on good quarterly results of the Czech Unipetrol in which it owns a 63 percent stake. Good results pushed up the stock of BZ WBK bank and Netia telecom.
(PLN 1 = EUR 0.234)