Bloomberg News

Polish Stocks: Kulczyk Oil, Telekomunikacja Active in Warsaw

February 15, 2012

Feb. 14 (Bloomberg) -- Poland’s WIG20 Index fell 0.2 percent, to 2,338.22 at 10:23 a.m. in Warsaw.

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

Kulczyk Oil Ventures Inc. (KOV PW) retreated 1.9 percent to 1.58 zloty. The exploration company owned by Polish billionaire Jan Kulczyk jumped 15 percent yesterday after saying that Ukrainian authorities allowed it to change the status of its Olgovskoye license from exploration to production.

Telekomunikacja Polska SA (TPS PW) lost 1.2 percent to 16.62 zloty after Poland’s biggest phone company said it expects sales to fall by as much as 3 percent this year.

--Editors: Peter Branton, Wojciech Moskwa

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net

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


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