Bloomberg News

Polish Stocks: Millennium, PBG, PKO Bank Polski Active in Warsaw

April 10, 2012

Poland’s WIG20 Index (WIG20) slid 1.6 percent to 2,226.18 at the close in Warsaw.

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

Bank Millennium SA (MIL) , the Polish unit of Banco Comercial Portugues SA (BCP), lost 1.9 percent to 4.12 zloty, retreating for a fourth day, after saying Chief Executive Officer Boguslaw Kott will step down.

PBG SA (PBG) , the Polish construction company that’s looking for a strategic partner, will shortlist potential investors in June at the earliest, Chief Financial Officer Przemyslaw Szkudlarczyk said in a phone interview today. The company also plans to raise as much as 200 million zloty ($63 million) from the sale of assets this year The shares dropped 4.4 percent to 33.4 zloty.

PKO Bank Polski SA (PKO) , the country’s largest lender, rose 1.4 percent to 33.35 zloty, gaining the most in almost a month after PAP newswire reported Bank Gospodarstwa Krajowego has no plans to sell its 10 percent in PKO this year.

To contact the reporters on this story: Piotr Bujnicki in Warsaw at pbujnicki@bloomberg.net; Marta Waldoch in Warsaw at mwaldoch@bloomberg.net

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


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