Bloomberg News

Polish Stocks: CEDC, Hydrobudowa, PBG, Rafako Active in Warsaw

June 05, 2012

Poland’s WIG20 Index (WIG20) slipped 1.8 percent to 2,039.72 at the close in Warsaw.

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

Central European Distribution Corp. (CDC) , nation’s second-largest vodka producer, dropped 15 percent to 11.2 zloty, the lowest since Nov. 25, after saying it may need to restate financial results for 2010 and 2011.

PBG SA (PBG) , the country’s third-largest builder, tumbled 46 percent to 7.86 zloty, and its Hydrobudowa Polska SA (HBP) unit lost 38 percent to 0.21 zloty, falling the most since their debuts on the Warsaw Stock Exchange after both companies filed for bankruptcy yesterday. Rafako SA (RFK) , the power engineering unit of PBG, fell 2.8 percent to 5.91 zloty.

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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