WSE falls 2 percent

MAG
05-06-2008, 08:48

Warsaw (Puls Biznesu) – The WIG20 index opened above 2,900 points but is soon was clear that it would not manage to  trade that high. The volume of trade remained low and no one was trying to raise it.

The 20 share blue chips index dived after negative report on the number of people fired in the USA had been announced. The WIG20 ended 2.03 percent down at 2,862.27 points. The volume of trade rose to PLN 1bn.

Only two blue chips, including Agora media group and GTC homebuilding company, ended up. PKO BP lost over 4 percent for one of the worst performers among blue chips. Even positive data from the USA published just before the closing bell and concerning the service sector situation did not help the WSE. 66 percent of companies lost today while only 25 percent rose. mWIG40 fell 1 percent but it is getting closer to its lowest level this year amounting to 3,066 points.

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Podpis: MAG

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