Skip to content
Advertisement

Business

WSE indexes in the red

The index opened positively on Thursday, but optimism was short lived as it lost over 2.6 percent due to the uncertainty of how and in what form will the US financial bailout plan will be received.

The only indexes still in the green on the WIG20 on Friday were Bioton and Pekao. The other 18 have dropped by about one percent, following the general international trend.

The WIG indexes are also in the red, with KGHM, BRE Bank and Lotos dragging them down.

Meanwhile, the złoty fell slightly against the euro, contrary to its closing on Thursday. At 8:59 am, PLN/EUR was 3.4315, meaning 0.2 percent more than on Thursday. The złoty against the US dollar traded at 2.4699, meaning 0.1 percent less than on Thursday closing.

Investors are however waiting for the evening's speech by Hank Paulson about the as-yet un-materialized bailout plan. (AO, RG)

More from Business All