In the last hour of trading, the 20 share blue chips index dived to 3,545.56 points, the level it last fell to two months ago. It ended at 3,606.62 points. Only 9 days ago, WIG20 hit its new record of 3,917.87 points. Since October 29th, it has shed nearly 8 percent.
PKO Bank which presented very good third quarter
results, ended 1.7 percent up while shares worth PLN 530m changed hands. KGHM
copper producer dragged the market down. Its stock dived 4.9 percent while the
volume of trade was close to PLN 300m. CEZ resisted the downward trend. Hadn’t
it been for Thursday loss of 3.5 percent, this week would have been very good.
However, the stock managed to grow only 0.5 percent in the last five days. PGNiG
gas monopoly has added 4.2 percent this week despite falling markets. Bioton
insulin producer was among the worst performers this week. The stock has dived
20 percent. The company presents its quarterly results on November 14th.
Polimex-Mostostal construction company has shed 17.1 percent, including 5.2
percent today. The company’s shares fell to PLN 8.5 despite substantially higher
consolidated net income and sales.