Tough year on the WSE is over

MAG
opublikowano: 31-12-2008, 16:00

Warsaw (Puls Biznesu) - The situation on  the Warsaw Stock Exchange was similar to last days'. The market was growing only slightly while the volume of trade was low.

Banks were doing poorly while KGHM rose substantially on growing copper prices. The WIG20 index ended 0.89 percent down, mWIG40 shed 0.36 percent while sWIG80 gained 0.34 percent. Shares worth only PLN 370m changed hands.

In 2008, 33 companies had their debuts on the WSE, compared with 81 in 2007. About 80 debuts had been planned but because of bearish market many comapnies decided to postpone their IPOs. WIG20 lost 48 percent this year, mWIG40 shed 62 percent while sWIG80 fell 58 percent. No blue chip managed to grow this year. TP lost the least with a 4 percent decrease while Polnord lost most with a 79 percent dive.

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Podpis: MAG

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