Polish Stocks: Telekomunikacja Polska, Getin, KGHM Shares Move
Poland’s WIG20 Index rose 30.04, or 1.1 percent, to close at 2,712.09 as of 4:30 p.m. in Warsaw, bringing the advance in the past five days to 2.7 percent, the gauge’s first weekly increase in three.
The following were among the most active stocks on the Warsaw Stock Exchange today. Stock symbols follow company names.
Getin Holding SA (GTN PW), the financial-services group controlled by Polish billionaire Leszek Czarnecki, advanced 0.1 zloty, or 0.9 percent, to 11.15 zloty. The company was added to the pan-European “buy” list at Goldman Sachs Group Inc., according to a research note dated today. The price estimate was set at 15.20 zloty.
KGHM Polska Miedz SA (KGH PW), Poland’s only copper producer, rose for a third day, advancing 3.7 zloty, or 2.6 percent, to 144.9 zloty. Copper headed for the first weekly gain in four weeks in New York.
Telekomunikacja Polska SA (TPS PW), Poland’s biggest phone company, jumped 0.25 zloty, or 1.5 percent, to 17 zloty. The Polish unit of France Telecom SA filed a claim in Vienna’s commercial court to overturn an arbitration verdict ordering the company to pay about 2.9 billion kroner ($514.6 million) to DPTG I/S of Denmark, it said yesterday after the market close.
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