Poland/Enterprises/Privatisation/Banks
Warsaw (Puls Biznesu) – At the opening of the Wednesday session of the stock exchange, 24,474 thousand of ‘buy’ orders were made, PAP news agency reported. Stocks worth PLN 681.5 million (EUR 160.2 million) changed hands. So far, the highest volume of trade was achieved by TPSA telecom on November 8th, when shares worth PLN 494.23 million changed
hands. PKO BP shares price was PLN 23.2 while it was set at PLN 20.5.
Andrzej Podsiadlo, PKO BP CEO said that investors who keep their stock may get both bonus stock and dividend in a year’s time. ‘I do not think the share price to be lower in a year or two, because the bank’s results are good’, Andrzej Podsiadlo added. Jacek Socha, the Treasury Minister, announced that one should expect more privatisation processes to be conducted on the stock exchange. In 2005, he expected privatisation income of PLN 5.7 billion.