Poland: WIG20 is getting closer to 2000 points

opublikowano: 2004-12-29 20:26

Warsaw (Puls Biznesu) – On Wednesday, the WIG20 index added 1.87 percent to 1947.8 points. Only 2.3 points more and the recent record of December 20th will be reached. Shares worth PLN 450 million (EUR 110.9 million) changed hands, 35 percent more than on Tuesday.

TPSA telecom was doing extremely well – shares jumped 3.4 percent to a new this year’s record of PLN 19.65. Shares worth PLN 90 million changed hands. PKO BP bank rose 2.6 percent, while shares worth PLN 70 million changed hands. PKO BP was not the best performer among banks, however. The shares of Pekao rose more but shares worth ‘only’ PLN 20 million changed hands. BPH bank and Agora media group gained 2.2 percent each.

Among small and medium sized companies, Energoaparatura, Instal-Lublin and Macrosoft continued rises. The latter had many good news, including the fact that one of the members of the supervisory board had bought its shares, and that the management had promised much better results next year. Kredyt Bank rose after the company said it expected to increase its financial result by PLN 10 million thanks to selling one of its intangible assets for EUR 36.7 million.

(PLN 1 = EUR 0.246)

Poland/Stock market report

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