Shares fall on minister’s exit

Alan Heath
29-08-2001, 00:00

Shares fall on minister’s exit

Shares on the Warsaw stock market fell on news of the sacking of finance minister Jarosław Bauc. The market took a drop of around 0.7 percent when the news broke pushing the loss for the day down to 0.8 percent. However with less than four weeks to go before the general election which will almost certainly see an SLD government returned the markets had in any case expected a departure, if not so soon. The WIG20 index fell to 1,114.1 points. One of the most notable falls of the day was TPSA which fell to PLN12.85 although Pekao SA and Agros also did badly.

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