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WSE sees record highs, but will the bubble burst once EU party mood wanes?

The increase in the value of Warsaw-listed companies is attributed to greater intensity in the activities of foreign institutional investors supporting the purchasing efforts of domestic pension and investment funds. Indeed, the WSE's turnover exceeded zł.713 million, which has only happened twice this year, with roughly 70% of this figure being generated by larger companies, such as PKN Orlen, Pekao, KGHM and TPSA. However, this may not necessarily be a blessing for the country, as the majority of the inflowing capital is speculative. Consequently, once the benefits of the country's accession to the EU have been fully reaped by the bourse, this money may flee abroad. (Rzeczpospolita, pp. A1, B1) M.M.

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