Bloomberg News

Polish Stocks: Bank Pekao, PKO Bank Polski, KGHM Move in Warsaw

May 21, 2012

Poland’s WIG20 Index (WIG20) rose 1.7 percent to 2,096.35 at the close in Warsaw, climbing for a second day.

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

Bank Pekao SA (PEO) , Poland’s second-largest lender, jumped 2.6 percent to 136.4 zloty, the biggest gain since April 27, after the head of the country’s financial market regulator, Andrzej Jakubiak, said he sees no risks to the country’s lenders from Greece’s potential withdrawal from the euro, according to Rzeczpospolita. PKO Bank Polski SA (PKO PW), Poland’s biggest bank, gained 1.5 percent to 31.45 zloty, advancing for a second day.

KGHM Polska Miedz SA (KGH) , the copper producer with the biggest European mine output, gained 2.4 percent to 122.3 zloty, rising for the first time in seven days. Copper rose the most in more than a week as China’s government pledged to spur economic expansion, bolstering the outlook for demand in the world’s biggest consumer of the metal.

To contact the reporter on this story: Piotr Bujnicki in Warsaw

To contact the editor responsible for this story: Gavin Serkin at

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