WSE ends this year substantially down

28-12-2007, 20:46

Warsaw (Puls Biznesu) – Majority of blue chips shed substantially today. Analysts expect that the beginning of the new year will see further decreases.

The WIG20 index lost 2.09 percent to 3,456.05 points while WIG shed 1.61 percent to 55,648.54 points. Shares worth PLN 2.2bn changed hands.

Just before 4 pm. share prices dived. Within a quarter, the WIG20 index shed 1 percentage point. Pekao and PKO Bank as well as KGHM copper producer dragged the 20 share blue chips index down. Analysts believe, it was because funds sold many shares hoping the demand would be big on the last session this year.

After a poor session today, analysts expect further falls early next year.

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