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WIG20 dances past 2000-point mark, records zł.1 billion in turnover

Turnover exceeded zł.1 billion. The capital has been flowing to Poland for a few days, which was signaled by the situation on the foreign exchange market where the złoty was gaining in value. "The bourse is dancing to the music played by foreign investors. Watching currencies is a key issue for understanding market tendencies," said Paweł Kubiak, broker with DM BZ WBK. "The decision of the Monetary Policy Council to cut interest rates is approaching. Investing money in bills and złoty deposits should be losing on profitability. This might signal the change in the composition of portfolios in favor of shares," said Marcin Brendota, an analyst with DM BOŚ. (Puls Biznesu, pp. 1, 14; Parkiet, p. 1) M.M.

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