Polish equity market edged higher on Tuesday. The broad market measure, the WIG Index, advanced 0.32%. Sector-wise, oil and gas industry (-1.81%), chemicals (-1.49%) and materials (-0.86%) produced the biggest losses. At the same time, banking sector (+1.72%) fared the best, followed by telecommunications (+1.14%) and food sector (+0.61%).
The large-cap companies' indicator, the WIG30 Index, added 0.19%. Within the index components, BZ WBK (WSE: BZW), ING BSK (WSE: ING) and PZU (WSE: PZU) topped the gainers, rebounding by a respective 3.93%, 3.83% and 2.11%. They were followed by ORANGE POLSKA (WSE: OPL), which surged 1.99% as the company's 2Q15 profit beat the analysts' estimates. On the contrary, SYNTHOS (WSE: SNS) lagged with a 3% drop. ENEA (WSE: ENA) and PKN ORLEN (WSE: PKN) also posted notable declines, sliding down 2.75% and 2.03% 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.