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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.

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