Bloomberg News

Polish Stocks: KGHM, Orco Property Shares Move on Warsaw Bourse

October 17, 2011

Oct. 17 (Bloomberg) -- Poland’s WIG20 Index declined 14.74, or 0.6 percent, to 2,285.91 at the 5:30 p.m. close in Warsaw, trimming this month’s gain to 4.4 percent.

The following are among the most active stocks on the Warsaw Stock Exchange today. Stock symbols follow company names.

KGHM Polska Miedz SA (KGH PW), the copper producer with the biggest European mine output, declined 0.3 percent to 145.5 zloty, after falling as much as 1.4 percent. Copper fell from a three-week high after Germany said European Union leaders won’t provide a quick fix to the region’s debt crisis that global policy makers are pushing for at an Oct. 23 summit.

Orco Property Group SA (OPG PW) jumped 4.3 percent to 18.15 zloty, closing at the highest level in two weeks in Warsaw trading as the real-estate developer completed the sale of its Russian assets for 53 million euros ($74 million).

Grupa Lotos SA (LTS PW), Poland’s second-largest refiner, sank 3.3 percent to 26.11 zloty, falling for the first time in four days as crude oil slipped.

--Editors: Linda Shen, Peter Branton

To contact the reporter on this story: Pawel Kozlowski in Warsaw pkozlowski@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus