Polish Stocks: Cyfrowy, Dom Development, KGHM Move in Warsaw
Poland’s WIG20 Index declined 19.49, or 0.7 percent, to 2,913.13 at the 5:30 p.m. close in Warsaw, trimming this week’s advance to 0.2 percent.
The following are among the most active stocks on the Warsaw Stock Exchange today. Stock symbols follow company names.
Cyfrowy Polsat SA (CPS) climbed for a second day, adding 0.14 zloty, or 0.9 percent, to 16.23 zloty. TVN SA of Poland agreed to start broadcasting Cyfrowy’s television channels on its satellite platform as of May 1.
Dom Development SA (DOM) sank 1.58 zloty, or 3.3 percent, to 45.82 zloty, the steepest drop in two months. The homebuilder posted a first-quarter net loss of 12.3 million zloty ($4.6 million), compared with net income of 11.8 million zloty a year earlier.
KGHM Polska Miedz SA (KGH) , the copper producer with the biggest European mine output, dropped 2.6 zloty, or 1.3 percent, to 195.3 zloty, the biggest slide in more than a week. Copper fell in New York on mounting concern demand will slow in China, the world’s largest metals user.
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