Warsaw Stock Exchange falls down, further decrease possible

12-04-2007, 17:30

Warsaw (Puls Biznesu) – The WIG20 index lost 1.02 percent on Thursday and ended at 3,570.08 points. Yesterday, it closed at record level of 3,606.9 points. WIG dropped 1.53 percent to 58,298.23 points.

Shares worth PLN 2.9 billion changed hands, including as much as PLN 1.4 billion generated by blue chips. Analysts believe that high volume of trade today plus the fact that Polish stocks are still evaluated higher as compared to foreign markets, are signs of possible decreases in upcoming days. The recent highs were mainly generated by KGHM copper producer. Today, the stock rose only slightly while banks and TP telecom fell.

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Inne / Warsaw Stock Exchange falls down, further decrease possible