Bloomberg News

Polish Stocks: Jastrzebska, KGHM Polska Miedz Active in Warsaw

April 13, 2012

Poland’s WIG20 Index (WIG20) slipped 0.3 percent to 2,271.44 at 1:21 p.m. in Warsaw.

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

Jastrzebska Spolka Weglowa SA (JSW PW), the European Union’s biggest producer of coking coal, headed for a three- month low after Rzeczpospolita reported Poland is working on a plan for JSW to buy Katowicki Holding Weglowy SA. The shares slipped 3 percent to 90.95 zloty.

The company isn’t considering the takeover, Chief Executive Officer Jaroslaw Zagorowski said.

KGHM Polska Miedz SA (KGH) , the country’s sole copper producer, decreased 0.6 percent to 142.2 zloty, falling for the first day in three as the metal slid after China, the world’s biggest consumer of copper, reported slower-than-estimated growth in the first quarter stoking concern the economy may weaken further.

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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