WSE continues its upward trend

opublikowano: 2008-10-30 20:01

The WIG20 index opened up. KGHM copper producer and BRE Bank paced the advances. Then, however, investors started to sell the stock and the 20 share blue chips index fell into the red. It rebounded later on. Pension funds believe that the WSE won’t fall any lower and start to buy shares.

LC Corp. and JW. Construction homebuilding companies attracted a lot of interest. The same was true for Kopex, the producer of mining equipment. Mieszko sweet producer which presented good Q3 results in the morning was growing. Mostostal-Export jumped 20 percent on the news that court proceeding over a compensation was concluded. Polimex construction company jumped 10 percent. TP telecom rose on good recommendation from Merrill Lynch while Cersanit dropped 6 percent.

The WIG20 index rose 2.6 percent on Thursday.