Polish Stocks: Handlowy, KGHM, Trakcja-Tiltra Move in Warsaw

Poland’s WIG20 Index (WIG20) added 0.3 percent to 2,217.40 in Warsaw, snapping a three-day decline.

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

Bank Handlowy SA (BHW) gained 3.9 percent to 76.9 zloty, rising by the most since Dec. 22 after Chief Executive Officer Slawomir Sikora said today the Polish unit of Citigroup Inc. can afford to boost its dividend in 2012 from the planned 50 percent of net income payout for last year.

KGHM Polska Miedz SA (KGH) , the copper producer with the largest mine output in Europe, declined 0.9 percent to a two- week low of 134 zloty as the commodity declined after elections in Europe.

Trakcja-Tiltra SA (TRK) , the Polish railway and road builder, lost 0.9 percent to 1.06 zloty, falling to a one-week low after Maciej Radziwill said in an interview with Parkiet newspaper that he may “soon” step down as chief executive officer.

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net

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

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