It wouldn’t have been possible hadn’t it been for yesterday’s growth of the US markets strengthened by falling oil prices. The WIG20 index opened 1 percent up while the volume of trade was relatively high. Small and mid-caps also were growing.
Energy companies paced the advances. Lower oil prices mean higher margins of
profit for them. PGNiG gas monopoly jumped over 7 percent, while fuel giants:
Grupa Lotos and PKN Orlen rose over 3 percent. KGHM copper producer and Pekao
bank also rose, and the 20 share blue chips index grew. Only four blue chips
ended down, including media companies Agora and TVN. Out of companies with
middle capitalization, Mostostal Export construction company was the best
performer with 11 percent jump. LCCorp. fell over 3 percent to its all-time low.
mWIG40 added 1.6 percent, and WIG20 rose 1.5 percent. Shares worth PLN 1.45bn
changed hands.