WIG20 continues its upward trend

MAG
25-11-2008, 17:43

Warsaw (Puls Biznesu) – The WIG20 index opened 0.55 percent up. Investors are much more confident that the year-end will be positive.

Today, investors were discouraged by PNB Paribas forecast for next year GDP in Poland. The bank cut its forecast to 0.4 percent. However, this opinion has been widely criticized in Poland. The WIG20 index ended 1.42 percent up, at 1,745.92 points.

PKN Orlen fuel giant and biggest banks, including PKO BP and Pekao paced the advances. KGHM copper producer was also trading quite high. Agora and TVN media groups as well as Grupa Lotos fuel giant on the other hand ended down.

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Puls Inwestora / WIG20 continues its upward trend