Bloomberg News

Polish Stocks: Bomi, Gornictwo, Polimex, KGHM Polska Miedz Move

July 10, 2012

Poland’s WIG20 Index (WIG20) climbed 0.2 percent to 2,247.02 in Warsaw.

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

Bomi SA (BMI) , a Polish grocery-store chain, slumped 26 percent to 0.32 zloty, a record low, after Bank Pekao SA and BRE Bank SA stopped lending to the company. The loan freeze “poses risk to the company’s continuing current operations,” Bomi said in a statement today.

KGHM Polska Miedz SA (KGH) , Poland’s only copper miner, slid 1.2 percent to 146.3 zloty as the metal declined after imports into China slumped to the lowest since August, adding to concern that demand is slowing in the world’s largest metals consumer.

Polimex-Mostostal SA (PXM) , the country’s second-largest construction company, rose 1.2 percent to 0.83 zloty, climbing to the highest level in more than two weeks after saying it’s in talks with the Polish state fund and a bank over obtaining aid.

Polskie Gornictwo Naftowe i Gazownictwo SA (PGN PW), the nation’s largest natural gas distributor, lost 0.7 percent to 4.06 zloty, falling to a one-week low as the country’s antitrust regulator imposed a 60 million-zloty ($17.6 million) fine.

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


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