Warsaw (Puls Biznesu) – The copper producer draged the Warsaw Stock Exchange indices down on Tuesday.
Despite the decrease of KGHM, the remaining 19 stock of the WIG20 index did not follow the suit as it happened in the past. However, the 20 share blue chips index dropped 0.15 percent. The copper producer dived 4.1 percent to PLN 83.5, very close to the June low. If the stock loses 2.4 percent, it will reach this level. Shares worth PLN 211m changed hands, 120 percent more than yesterday. Copper prices keep falling. In addition, KGHm will pay out PLN 100m of a bonus to its employees.
Smaller blue chips rose today, including BZ WBK, TVN and Polimex, which gained 2.6-4 percent. The giants added only slightly, including PKN Orlen (0.6 percent, PLN 137m of trade), PKO BP and Pekao.