Poland/Stock market report
Warsaw (Puls Biznesu) – Sellers and buyers were equal on Thursday on the Polish stock exchange GPW, but bulls won eventually and the WIG20 index rose 0.39 percent to 1829.08 points. Although in the morning the market lost 20 points, it managed to grow. PKN Orlen first shed when Kulczyk Holding sold a 2-percent stake, PLN 37 (EUR 8.7) a share, i.e. 1.3
percent lower than on Wednesday. Then, however, the fuel giant managed to rebound.
Investors were no longer interested in the shares of PKO BP, or at least – not as much interested as one would hope for. Shares worth less than PLN 100 million changed hands. After Wednesday falls, Pekao bank, Prokom IT company and GTC construction firm rebounded. Orbis travel operator noted a third consecutive day of growths.
Smaller and medium-sized companies were not traded. The MIDWIG index lost 0.1 percent, similarly as a day before.
(PLN 1 = EUR 0.234)