WIG20 rises nearly 0.4 percent on Thursday

APA - Austria Presse Agentur
opublikowano: 2005-02-03 18:33

Warsaw (Puls Biznesu) – Despite falls on Western European bourses, the WIG20 index managed to grow 0.39 percent. It would have been better, hadn’t it been for PKN Orlen. The fuel giant, after nine consecutive days of growth and a 12-percent rise in the share price, started to loose.

Warsaw (Puls Biznesu) – Despite falls on Western European bourses, the WIG20 index managed to grow 0.39 percent. It would have been better, hadn’t it been for PKN Orlen. The fuel giant, after nine consecutive days of growth and a 12-percent rise in the share price, started to loose. During the day, the company was even 15 points lower but it ended at the same level as yesterday. Shares cost PLN 39.5 (EUR 9.7).

KGHM copper producer was one of the best performers among blue chips. The company added 2 percent. TPSA telecom grew 1 percent, shares worth nearly PLN 100 m changed hands. PKO BP bank did not manage to rebound.

Prochnik clothes producer jumped to PLN 1.14, or over 56 percent as investors do their best to become its shareholders before new shares are issued to be sold to shareholders PLN 0.5 each. Bank Millennium fell because the security agency checked the flat of its CEO Boguslaw Kott and the Warsaw headquarters of the bank in connection with investigation in PZU privatisation. Mostostal-Export shed because its former managers were accused of stealing PLN 25 m.

(PLN 1 = EUR 0.246)Poland/Stock market report