Although yesterday, the WIG20 index managed to exceed the psychological barrier of 2,000 points, today it fell 1.09 percent to 1,980.95 points. Shares of blue chips worth PLN 365m (EUR 90.1m) changed hands.
The decrease occurred despite good news including appreciating zloty, 0.7 percent rises in BUX, or U.S. inflation data (better than expected). Just after the session closed, the central statistical office GUS published May inflation data: CPI rose 2.5 percent, while economists expected 2.3 percent, which may be a bad sign before tomorrow’s session.
Prokom IT company was doing extremely bad. It was shedding even 6.5 percent during the day and ended the day 5 percent down. Shares worth PLN 52m changed hands, a very high level and a sign that investors were selling their shares in panic. Surprisingly, today ‘buy’ recommendation from CAIB was published with target price at PLN 128, while shares cost today PLN 91.5.
Swarzedz furniture producer attracted very much attention. Shares worth PLN 14m changed hands, a gigantic level for such a small company. 4.18 shares changed hands, or 31.4 percent of the capital, and 107 percent more than on May 23rd, the previous record. 2,271 transactions were made, which indicates that small investors were selling their shares, probably hoping that Swarzedz will finally find a stabile investors. It is possible, however, that it was Marpol security company, who bought the shares. Marpol bought a stake in Swarzedz in May and promised to increase it in the future.
(PLN 1 = EUR 0.247)