U.S. data adversely affect the Warsaw Stock Exchange

APA - Austria Presse Agentur
30-11-2006, 19:33

Warsaw (Puls Biznesu) – Despite a good opening, the Warsaw indices fell down in the afternoon due to bad U.S. macro data and decreases on the Wall Street.

Warsaw (Puls Biznesu) – Despite a good opening, the Warsaw indices fell down in the afternoon due to bad U.S. macro data and decreases on the Wall Street.

In Poland, the GDP in the third quarter rose 5.8 percent while analysts expected 5.6 percent. The zloty appreciated. However, the volume of trade on the WSE was small. The U.S. spending, income and price data were bad and dragged the Polish market down. The WIG20 index ended 0.75 percent down at 3,217.41 points. Yesterday it gained 2.3 percent. Small companies listed on the Polish market continue grows. WIRR rose 1.5 percent to its new all time record.

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Podpis: APA - Austria Presse Agentur

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