WIG20 rebounds, is 2.54 below record heights

APA - Austria Presse Agentur
opublikowano: 17-11-2005, 21:13

Warsaw (Puls Biznesu) – The rebound, which has been expected for the last two weeks, came today. The WIG20 index rose 2.23 percent to 2,501.28 points. Shares of blue chips worth PLN 900m (EUR 225.9m) changed hands, while in the whole WSE, shares worth PLN 1.1 billion changed hands.

Warsaw (Puls Biznesu) – The rebound, which has been expected for the last two weeks, came today. The WIG20 index rose 2.23 percent to 2,501.28 points. Shares of blue chips worth PLN 900m (EUR 225.9m) changed hands, while in the whole WSE, shares worth PLN 1.1 billion changed hands. This is a clear sign that now only the Polish investors and institutions traded today but also the foreign capital came back. The main index is just 2.54 percent below its October record level. Grupa Lotos and PKN Orlen fuel companies, as well as KGHM copper producer, rose over 4 percent each. TP telecom gained 1.6 percent. In the morning, PGNiG, the gas monopoly, fell to historic depth after its CEO Marek Kossowski said it would resign from his post as of January 1st 2006. Then, however, the company joined the rebound and shares added 2.8 percent. Prochnik clothes producer was the best performer. Shares jumped 16 percent. They have been very popular since the middle of October. Prochnik’s management promise sales to grow 100 percent next year.(PLN 1 = EUR 0.251)

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Podpis: APA - Austria Presse Agentur

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