wtorek, 1 grudnia 2009

Warsaw Stock Exchange kicks off the week

Investors on the Warsaw Stock Exchange in Poland began the new week in on an upbeat note. The WIG20 index gained 1.5 percent in value, which is a reversal when compared to the last days of the previous week, where the index was on a downward trend following in the footsteps of foreign markets.

Moreover, domestic investors were glad to see good news from the Central Statistical Office (GUS) concerning GDP growth in Q3. Among the WIG20 companies, the largest growth was recorded by copper giant KGHM and oil corporations PKN Orlen and Lotos.
Yesterday's growth resulted in the WIG20 index closing the month in the black.

Since the end of October, it gained 3.4 percent, which is the eighth month this year in which it recorded growth. Since the beginning of January, the WIG20 has shot up 31.5 percent.

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