JSW, Getin Holding Climb on Speculation Will Join CECE Index
JSW, the European Union’s largest coking coal producer, gained as much as 2.7 percent and was 1.9 percent higher at 102.9 zloty as of 11:26 a.m. in Warsaw. Getin Holding, the financial-services group controlled by billionaire Leszek Czarnecki, soared as much as 7.1 percent, the most in more than a month, and last traded 4.2 percent higher at 2.48 zloty.
JSW and Getin are likely to join the index of central European companies after the March 14 session, Zachodni wrote in a note today. Software producer Asseco Poland SA, property developer Globe Trade Centre SA and television network TVN SA may drop out from the index this month, according to calculations Warsaw-based Zachodni sent to clients.
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