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TPSA telecom drags indices down

APA - Austria Presse Agentur
opublikowano: 03-08-2005, 19:25

Warsaw (Puls Biznesu) – The Polish stock market as usually followed its Hungarian counterpart today. BUX lost 2 percent after foreign investors decided to sell shares, which had been growing in the last days. WIG20 fell 1.54 percent to 2,234.64 points. Shares of blue chips worth PLN 575m (EUR 140.9m) changed hands, while yesterday it was PLN 617m.

Warsaw (Puls Biznesu) – The Polish stock market as usually followed its Hungarian counterpart today. BUX lost 2 percent after foreign investors decided to sell shares, which had been growing in the last days. WIG20 fell 1.54 percent to 2,234.64 points. Shares of blue chips worth PLN 575m (EUR 140.9m) changed hands, while yesterday it was PLN 617m. One may expect further falls in the stock market. Since the middle of May, WIG20 has risen 25 percent.

TPSA telecom drew much attention – shares worth PLN 250m changed hands, 40 percent of today’s trade within WIG20 companies. TPSA shed 2.5 percent. PKN Orlen, Pekao and KGHM lost, too. But BRE Bank, Bank BPH and Cersanit gained while Netia remained unchanged.

Among smaller companies, Projprzem and Alchemia were doing extremely well. Wilbo fish producer dived 12.6 percent after yesterday the company presented very poor second quarter results.

(PLN 1 = EUR 0.245)

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Podpis: APA - Austria Presse Agentur

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