Poland: WIG20 adds 4.33 percent last week

APA - Austria Presse Agentur
opublikowano: 2005-08-01 07:42

Warsaw (Puls Biznesu) – Last week was one of the best ones for the Polish stock exchange GPW. All five working days brought raises. On Friday, indices bit their records for the third consecutive day. WIG20 rose 4.3 percent last week. On Friday, it amounted to 2,202.53, or 0.86 percent higher than on Thursday. WIG grew 0.69 percent to its new all-time record of 30,448.31 points.

Warsaw (Puls Biznesu) – Last week was one of the best ones for the Polish stock exchange GPW. All five working days brought raises. On Friday, indices bit their records for the third consecutive day. WIG20 rose 4.3 percent last week. On Friday, it amounted to 2,202.53, or 0.86 percent higher than on Thursday. WIG grew 0.69 percent to its new all-time record of 30,448.31 points. Shares of blue chips worth PLN 696m (EUR 170.8m) changed hands, 30 percent more than a day earlier.

On Friday, Pekao, PKO BP and TPSA attracted much attention – shares worth over PLN 100m changed hands in each case. Pekao was the best performer among WIG20 companies. Shares added 3 percent. They jumped 9.75 percent last week and ended at PLN 152 a share, another all-time record. PKN Orlen fuel giant is also at its highest level ever – shares cost PLN 54.1.

Softbank IT company fell 4.4 percent while shares worth PLN 9m changed hands. This was widely expected as since its lowest levels reached in May, Softbank had rebounded 58 percent. Other IT companies, including Computerland and Prokom fell too.

(PLN 1 = EUR 0.245)