WIG20 among best indices in Europe

opublikowano: 19-11-2008, 21:15

Warsaw (Puls Biznesu) – Thanks to  appreciation of the zloty in the afternoon, the WIG20 index was one of the best performers in Europe.

The blue chips opened 1 percent up but just an hour later they well falling. In the afternoon, however, US data on permissions to build new houses was released. The number was the lowest since World War II. The zloty appreciated against dollar, blue chips rebounded.

GTC construction company was one of the best blue chips with 7.2 percent increase. Grupa Lotos and PKN Orlen fuel giant ended up thanks to growing oil prices while KGHM copper producer gained on increasing copper prices. Chemical companies also attracted investors’ attention. Pulawy rose nearly 9 percent because investors hope the company will double dividend, a move demanded by its shareholders. Ciech jumped 14.5 percent.

Pol-Aqua which has dived 50 percent on Monday and Tuesday, rose 4.2 percent today. NFI Magna Polonia fund dropped 18.4 percent. Yesterday, its stock jumped 50 percent on the news it was founding a telecom holding.

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Podpis: MAG