Polish equity market declined on Tuesday. The broad market benchmark - the WIG index went down by 1.01%. Most of the sectors recorded losses, with materials (-2.20%), utilities (-1.81%) and telecommunications (-1.58%) lagging behind. At the same time, chemicals sector (+0.73%) appeared to be the strongest group.
The large-cap stock universe's measure - the WIG30 index posted a 1.27% drop. CCC (WSE: CCC) led the decliners, losing 7.47% on the announcement the company's major shareholder agreed to sell a 7.8-percent stake in the company at PLN 170 per share, representing a discount of 8.6% to the Monday market value. BZ WBK (WSE: BZW) and GTC (WSE: GTC) corrected down by 3.95% and 3.25% respectively after yesterday's growth. Besides, LPP (WSE: LPP) extended its losses by 3.49% despite releasing positive outlook for the second half of 2015. On the contrary, ALIOR (WSE: ALR) was the biggest advancer, posting a 2.24% growth. It was followed by GRUPA AZOTY (WSE: ATT), TVN (WSE: TVN) and ENERGA (WSE: ENG), gaining 1.49%, 1.36% and 1.05% respectively.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.