Bloomberg News

Polish Stocks: Grupa Lotos, Magellan Shares Move in Warsaw

April 17, 2012

Poland’s WIG20 Index (WIG20) advanced for a second day, up 0.9 percent to 2,271.20 in Warsaw.

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

Grupa Lotos SA (LTS) , the country’s second-largest refiner, jumped 5.7 percent to 30.43 zloty, the highest level in more than seven months, after oil climbed as Spain’s bond auction eased concern Europe’s credit crisis will spread and endanger economic growth.

Magellan SA (MAG) , a Polish money lender to the health- care industry, surged 4 percent to 44 zloty, the highest in more than four years, after Bank Zachodni WBK SA recommended buying its shares.

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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