The 20 share blue chips index dropped to 3,116.16 points during the day, or 3.9 percent below it closed on Friday, and the lowest level since November 20th. Fortunately, the index rebounded a little bit in the second half of the day. WIG20 ended at 3,179.47 points, or 1.93 percent down. Since February 1st when the blue chip index reached its record of 3,549.33 points, it has lost 10.4 percent already.
PKO BP bank was the heaviest anchor for the market. The bank shed 3.4 percent to PLN 43.57 despite CA IB recommendation issued on February 27 to ‘buy’ with PLN 57 as target price. PKN Orlen was losing even 4.9 percent during the day but it ended 0.7 percent down at PLN 42.5.
BZ WBK bank rose 2.2 percent to PLN 233 while Agora
media group added 1.3 percent being the only blue chips to end up today.