WSE: banks and commodity companies on the reverse ends

APA - Austria Presse Agentur
opublikowano: 2006-12-13 17:47

Warsaw (Puls Biznesu) – In the first half of the day, the Warsaw indices were growing but in the afternoon, they started to fall. Eventually, the day ended nearly unchanged.

Warsaw (Puls Biznesu) – In the first half of the day, the Warsaw indices were growing but in the afternoon, they started to fall. Eventually, the day ended nearly unchanged.

In the morning, the WIG20 managed to grow 50 points to 3,411.71 points, just 11.42 points below its record reached on December 7th. However, bearish moods prevailed in the second half of the day. The WIG20 index ended just 0.2 percent up at 3,372.85 points.

Banks were growing while commodity companies were falling. PKO BP and Pekao advanced. PKO BP rose 3.2 percent to PLN 48.5, the level reached on December 8th. Shares worth PLN 178m changed hands. Pekao rose 1.7 percent but the volume of trade was twice lower. The stock costs PLN 228 each. PKN Orlen fuel giant fell on the news that OPEC may not decide to limit oil production. Copper fall as well, dragging down KGHM. The copper producer lost 2.4 percent to PLN 99.1 for the worst performer among blue chips.