Warsaw (Puls Biznesu) – WIG20 reached the level it achieved last on March 15th. The blue chips index ended at 2,015.9 points, or 0.84 percent higher. Shares worth only PLN 380 m (EUR 92.3 m) changed hands, however, while this year record was three times bigger. Polish stock market was helped by appreciating zloty, small growths in Western Europe and good opening in the Wall Street. Tomorrow, during the last session this week, not much will change probably.
PKN Orlen fuel giant rose the fourth consecutive day and reached its new all-time record of PLN 49.3. KGHM copper producer jumped 3.3. percent but the volume of trade was low. TPSA telecom shed 0.5 percent although CAIB increased its recommendation from ‘keep’ to ‘buy’ with the target price of PLN 25. Today, shares were PLN 3.8 cheaper. GTC was the best performer as investors were selling its shares after the company said it would not pay out dividend. The construction company earned PLN 114.06 m last year. Ceramika Nowa Gala tiles producer added because it gave up the plans to issue 8.2 new shares. The company decided to finance its new plant from alternative sources.
(PLN 1 = EUR 0.243)