Warsaw indices adversely affected by worries from the USA

opublikowano: 08-04-2008, 20:35

Warsaw (Puls Biznesu) – The volume of trade did not exceed PLN 1bn on the Warsaw Stock Exchange. Foreign investors keep buying the Polish currency but are not that much interested in Polish stock. Pension funds are the only ones with regular cash injections. However, last month, clients withdrew PLN 2.5bn.


Today, first quarterly reports published by US companies were quite poor. Fears appeared concerning the state of the companies. European investors started to sell. Stock exchanges were losing around 1 percent, so did the WSE. The WIG20 index managed to defend the level of 3,000 points.


Despite the downward trend noted by the WSE, Unibep construction company, saw its allotment certificates rise nearly 5 percent. The blue chips disappointed – none of them ended up although it seemed that PKN Orlen would manage to. PKO BP and Pekao banks were among the worst performers, with Pekao losing over 4 percent. KGHM copper producer was weak, following other European copper companies hit by poor results published by Alcoa.

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Podpis: MAG

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Inne / Warsaw indices adversely affected by worries from the USA