Polish Stocks: Asseco, Enea, NG2, Pulawy Shares Move in Warsaw

Poland’s WIG20 Index advanced 39.11, or 1.7 percent, to 2,352.41 as of the 5:50 p.m. close in Warsaw, the biggest gain in a week.

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

Asseco Poland SA (ACP) advanced 1.24 zloty, or 3.3 percent, to 39.45 zloty. Central Europe’s largest software maker said second-quarter net income declined to 182.7 million zloty ($63.8 million) from 205.4 million zloty a year earlier. That compares with the 184.6 million-zloty mean estimate of six analysts surveyed by Bloomberg.

Enea SA (ENA) slid 0.3 zloty, or 1.8 percent, to 17.04 zloty. Poland’s third-largest utility said first-half net income rose 14 percent from a year earlier to 413.9 million zloty from. The profit fell short of the 456.9 million-zloty mean estimate of four analysts surveyed by Bloomberg.

NG2 SA (CCC) surged 4 zloty, or 10 percent, to 43.5 zloty, the most since July 2008. The Polish shoe retailer said first-half net income fell to 41.7 million zloty from 52.9 million zloty a year earlier. The result beat the 40.6 million- zloty mean estimate of five analysts surveyed by Bloomberg.

Zaklady Azotowe Pulawy (ZAP PW) fell 1.1 zloty, or 1.1 percent, to 98.4 zloty for the first decline in five days. The Polish fertilizer maker said net income for 12 months ended June 30 rose to 296.6 million zloty from 31.8 million zloty a year earlier. That compares with the 278.7 million-zloty mean estimate of four analysts surveyed by Bloomberg.

To contact the reporter on this story: Piotr Skolimowski in Warsaw at pskolimowski@bloomberg.net

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

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