Warsaw (Puls Biznesu) – WIG20 rebounded on Thursday by 1.5 percent to 1,918.36. Eight previous sessions, however, the WIG20 index had lost over 6 percent, and since the end of February it had shed 10.7 percent. Growing indices were accompanied by growing volume of trade. Blue chips’ shares worth PLN 440 m (EUR 105.2 m) changed hands.
KGHM copper producer was the best performer (2.6 percent) although copper in London dropped and trade unionists demanded the company to increase payments of all employees by 230 percent. PKN Orlen fuel giant added 2.2 percent after on Wednesday, the European Commission had agreed it to acquire 62.99 percent of Czech Unipetrol. Igor Chalupec, PKN Orlen CEO said the transaction would be finalised quickly.
(PLN 1 = EUR 0.239)