Warsaw (Puls Biznesu) – The 20 share blue chips index ended nearly unchanged on Tuesday. The future will depend on KGHM.
The copper producer was among the worst performers among blue chips. The stock dropped 2.4 percent to PLN 82. PKN Orlen and MOL fuel companies as well as TP and Netia, the two telecoms listed in Warsaw, PKO BP, BRE Bank and CEZ were the other losers today. KGHM did not follow copper prices this week. Yesterday it was advancing while copper prices fell. Today, it was the other way round.
Shares of blue chips which ended down today (8 of them) worth PLN 695m changed hands. 11 blue chips which ended down generated PLN 400m of trade. Agora media group was the only blue chip to remain unchanged. Although WIG20 closed 0.03 percent up, bearish moods dominate in Poland.