WSE gets closer to its bottom levels

opublikowano: 2008-09-09 20:28

The WIG20 opened down, then rebounded to dive on nervous start of trading in the USA. The 20 share blue chips index fell 1.3 percent today. The volume of trade was low and did not exceed 1 percent.

The financial sector was doing poorly today. BRE Bank which was the best performer yesterday, shed 0.5 percent. Pekao lost 1.5 percent while PKO BP dropped 2.2 percent. KGHM copper produces lost 1.9 percent on falling oil prices. Asseco Poland IT company ended 1.5 percent on the news ING TFI investment fund cut its stake of the company’s shares to below 5 percent. CEZ, Czech biggest energy producer, dropped 3.7 percent.

Among small and mid caps, New World Resources dived 13.5 percent on falling coal prices. Pol-Aqua added 2.6 percent on the news it had won contract related to the National Stadium. LZPS was one of the best performers among companies with the lowest capitalization.

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