Poland: Stock investors take rest on Tuesday

APA - Austria Presse Agentur
opublikowano: 2005-02-08 20:01

Warsaw (Puls Biznesu) – On Tuesday, TPSA telecom and PKN Orlen fuel giant did not manage to drag the rest of blue chips up. The WIG20 index shed 0.16 percent to 1,963.48 points. The decrease seems to be temporary only as the volume of trade fell. Since January 24th, the index has risen 8.8 percent.

Warsaw (Puls Biznesu) – On Tuesday, TPSA telecom and PKN Orlen fuel giant did not manage to drag the rest of blue chips up. The WIG20 index shed 0.16 percent to 1,963.48 points. The decrease seems to be temporary only as the volume of trade fell. Since January 24th, the index has risen 8.8 percent.

TPSA and PKN Orlen were most eagerly bought. Shares worth PLN 120 m (EUR 30.2 m) of both companies changed hands. Banks continue poor listings. Only BRE Bank, which yesterday published weak fourth quarter report managed to gain. Among smaller companies, Bauma, Elkop and Elektromontaz-Warszawa jumped due to speculative investments.

(PLN 1 = EUR 0.252)