Warsaw bourse shows limited recovery after Wednesday's volatile session
The WSE yesterday appeared to be steadying after falling more than three
percent on Tuesday and Wednesday after news of the terrorist attacks on the
US. However, trade was still thin, with turnover at zl. 141m, as players
adopted a 'wait and see' attitude in anticipation of the re-opening of the
NY stock markets. Both the WIG and WIG20 indexes reported a 0.4 percent
increase, taking them to 12,598 and 1,113.3 respectively. Oil group PKN
Orlen was one of the most heavily traded stocks, with shares up 0.3 percent
after reports, now denied, that Poland had selected Austrian OMV in the
privatization bid. Overall, 60 stocks improved while 30 declined. The head
of the stock market predicted that the markets would not fall any further.
(Puls Biznesu, p. 47), Reuters. E.B.