WIG20 index rises 1.48 percent this week

APA - Austria Presse Agentur
11-02-2005, 18:31

Warsaw (Puls Biznesu) – Friday was another resting day for stock investors. Shares worth PLN 500 m (EUR 125 m) changed hands, while yesterday it was PLN 917 m. The WIG20 index shed only 0.14 percent and ended the week at 1,964.42 points. Only 1.8 percent more and the magic level of 2,000 will be reached.

Warsaw (Puls Biznesu) – Friday was another resting day for stock investors. Shares worth PLN 500 m (EUR 125 m) changed hands, while yesterday it was PLN 917 m. The WIG20 index shed only 0.14 percent and ended the week at 1,964.42 points. Only 1.8 percent more and the magic level of 2,000 will be reached.

Investors wanted to earn selling TPSA telecom. Shares worth PLN 110 m changed hands, their price dropped 1.9 percent. PKN Orlen fuel giant was the best performer among blue chips with a 2 percent rise. PKO BP bank managed to rebound after several weak days. Among small and medium-sized companies, Elektrim lost after Deutsche Telekom had said it would realise its ‘buy option’ by acquiring all shares in PTC (Poland’s mobile operator) owned by Elektrim. Elektrim said it would fight against such transaction.

(PLN 1 = EUR 0.250)

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Podpis: APA - Austria Presse Agentur

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