Bloomberg News

Polish Stocks: BRE Bank and Grupa Lotos Are Active in Warsaw

March 02, 2012

Poland’s WIG20 Index (WIG20) rose for a second day, climbing 0.2 percent to 2,325.26 at the close in Warsaw, the highest in more than a week.

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

Grupa Lotos SA (LTS) dropped 3.8 percent to 26.84 zloty, the most in seven weeks, after a report the Treasury Ministry is not planning to sell its 53 percent stake this or next year. Poland doesn’t plan to sell its holding in the Gdansk-based oil refiner by 2013, PAP news agency reported, citing Treasury Minister Mikolaj Budzanowski.

BRE Bank SA (BRE) , a Polish unit of Commerzbank AG, rose 0.8 percent to a one-week high of 298.5 zloty as its parent, Germany’s second-largest bank, gained 1.2 percent after Goldman Sachs Group Inc. raised its recommendation on European lenders to “overweight” from “neutral”.

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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