Poland: Polish stock exchange looks forward to foreign investors

APA - Austria Presse Agentur
opublikowano: 17-01-2005, 18:11

Warsaw (Puls Biznesu) – On Monday, the Polish stock exchange GPW consolidated for the eight consecutive day. The WIG20 index rose 0.18 percent to 1893.39 points. Foreign investors were engaged in Budapest, BUX added 1.5 percent and reached its new record. One may expect that foreign investors will leave Hungary and move to Poland in the future.

Warsaw (Puls Biznesu) – On Monday, the Polish stock exchange GPW consolidated for the eight consecutive day. The WIG20 index rose 0.18 percent to 1893.39 points. Foreign investors were engaged in Budapest, BUX added 1.5 percent and reached its new record. One may expect that foreign investors will leave Hungary and move to Poland in the future.

On Monday, shares worth PLN 330 m (EUR 81.2 m) changed hands, PLN 100 m less than on Friday, and a half of Thursday results. PKO BP bank, PKN Orlen fuel giant and TPSA telecom were losing 1 percent each, but PKN Orlen and TPSA managed to end the day unchanged, while the bank rose 0.4 percent. BRE Bank and BPH banks lost. Polimex-Mostostal Siedlce construction company was losing for the sixth consecutive day. Smaller companies of the WIG20 index were doing better, including Orbis travel company, Computerland, Stalexport, Kety, GTC and Agora media group, which added 1 percent each.

Among smaller companies, Sanwill jumped 24.5 percent, shares worth PLN 8.5 m changed hands. The company plans to issue 25-75 m new shares, the prospectus will be ready within a month.

(PLN 1 = EUR 0.246)

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Podpis: APA - Austria Presse Agentur

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