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Weak dollar helps WIG hit all-time high

"Polish assets are enjoying considerable interest from American investors, who have recently been investing sizeable amounts in foreign assets, allowing them to profit from depreciation of their currency," said Tomasz Bardziłowski, an analyst with the BZ WBK brokerage house. The interest of foreign investors is evidenced by the increase in listings of blue chip companies, such as PKN Orlen or PKO BP. However, the boom is also fuelled by increased interest in the stock exchange of domestic investors, attracted by the hugely popular IPO of PKO BP bank. "My granddad has gone totally bonkers since he bought PKO BP stock. He is reading the financial newspapers, he has even learnt to use my computer, where he follows listings for several hours every day," user Student wrote on the pl.biznes.wgpw Internet forum devoted to the stock exchange. (Rzeczpospolita, p. B1) T.J.

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