The WIG20 index opened 3 percent down and was trading below 2,300 points. Then, however, the market rebounded. The 20 share blue chips index closed 2.14 percent up while shares worth over PLN 1.3bn changed hands.
TP telecom gained 2.4 percent. Commodity companies did well after yesterday’s decreases of commodities. PKN Orlen fuel giant and rival Grupa Lotos rose 3.6 percent and 2.4 percent respectively. KGHM copper producer would have joined, hadn’t it been for the threat of strike. The company shed 4.1 percent after it had dived nearly 12 percent yesterday. PKO BP added 4.6 percent, probably as investors welcomed the news published by “PB” that a merger with Hungarian OTP is possible. Getin bank, however, shed 1.8 percent.
Hoop beverage producer jumped 42.9 percent on the news it has a new investor
– one of Enterprise Investors funds. Centrozap added 28 percent on ambitious
plans presented today.