Polish Stocks: CEDC, Globe Trade Centre Active in Warsaw Trading
The following are among the most active stocks on the stock exchange today. Stock symbols follow company names.
Central European Distribution Corp. (CDC) , Poland’s second-largest vodka producer, rose 5.2 percent to 15.51 zloty, a two-week high, after its board met to consider Russian Standard Corp.’s revised investment offer.
Globe Trade Centre SA (GTC) , the country’s biggest property developer by market value, gained 3.4 percent to 7.03 zloty, rising for the first time in four days as a technical indicator suggested the stock’s decline was overdone. GTC’s 14- day relative strength index stood at 28 at the close yesterday. A reading below 30 indicates to some technical analysts a security may rise.
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