Inflation data published in the afternoon were worse then expected. The interest rate increase is very probable in November and early next year. In addition, the US markets were losing when the Warsaw Stock Exchange was closing. WIG20 ended 1.6 percent down at 3,558.57 points.
Out of blue chips, TVN media group continued the
rebound started yesterday. Today, it gained 2.1 percent to PLN 24. Bioton
insulin producer at last did not disappoint investors. The company rose 1.2
percent on substantial sales increase. The stock was trading even 9.2 percent
higher during the day. Polnord homebuilding company fell for the tenth
consecutive day. Today, it shed 5.4 percent. Since October 30th it has already
dived 25.3 percent. PGNiG gas company fell for the fourth consecutive day. Today
the stock shed 3.3 percent to PLN 5.54 on disappointing quarterly results.