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Bourse in Brief: Elstar; State Mint; Stomil Olsztyn first to withdraw from floor

Shares in Elstar Oils rose by 13% on their first day of trading on the Warsaw Stock Exchange (WSE), closing at zł.34 on an original IPO price of zł.30 a piece (Parkiet, p. 3) ... The value of shares in the State Mint has risen by 100% over the last month, which came as a huge surprise for both its board and major shareholders. However, all stock transactions concerning the company are now under close scrutiny, Mirosław Kachniewski, the director of the Security and Stock Exchange Commission has revealed. (Parkiet, p. 1) ... Stomil Olsztyn has become the first company to withdraw from the WSE. Although many companies are currently looking to float on the bourse this year, seven firms with a total market value of zł.1.4 billion have announced they want to de-list. (Puls Biznesu, pp. 1, 8) J.J.

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