Breaking News

Tweet TWEET

Polish Stocks: AmRest Holdings, PBG Builder Are Active in Warsaw

Poland’s WIG20 Index (WIG20) rose 2 percent to 2153.86 at the close in Warsaw, extending this week’s gain to 4 percent, the biggest since January.

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

AmRest Holdings SE (EAT) jumped 10 percent to 69.5 zloty, the steepest intraday rally since Aug. 31. The operator of Pizza Hut and KFC restaurants in central and eastern Europe agreed yesterday to sell 98 Applebee’s outlets to Apple American Group LLC for $100 million.

PBG SA (PBG) fell 19 percent to a record-low of 5.4 zloty after Standard & Poor’s cut the company’s rating to ‘Default’ after it filed for bankruptcy this week. The company, which built three out of four soccer stadiums for the European championships kicking off today, has lost 71 percent of its market value in the past five days.

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

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.