Local rally

WSE investors rallied around a surge in U.S. equity indexes and bargain buys at home sending the blue-chip WIG20 index to a three-week high. The WIG20 closed at 1,087.6 on Friday, up 26.47 points for the day and 35.2 points for the week. The typically unfavourable WIG-Telekom and TechWIG indexes also gained on the day, up 184.1 and 8.32 points, respectively. The WIG-Bank index was the next best performer, up 436.7 points, or 2.03%, for the day to 21.492. Turnover was zł. 201 million on Friday.
Specifically, TPSA, Bank Pekao, KGHM, and PKN Orlen kept up their steady momentum attracting the most active investors.