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Polish Stocks: Grupa Lotos, KGHM Shares Are Active in Warsaw

Jan. 19 (Bloomberg) -- Poland’s WIG20 Index rose 0.7 percent to 2,244.38 at 5:30 p.m. close in Warsaw, gaining for a fourth day.

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

KGHM Polska Miedz SA (KGH PW), Poland’s sole copper and silver producer, slumped the most in a month after shareholders rejected a proposal to buy back as much as 3 billion zloty ($893 million) of shares. The stock plunged as much as 8 percent to 119.8 zloty in Warsaw trading, the steepest intraday decline since Dec. 15, and closed 0.2 percent lower at 129.9 zloty.

Grupa Lotos SA (LTS PW), the country’s second-largest refiner, gained 3.1 percent to 24.14 zloty as oil rose on signs that the U.S. economic recovery is reducing the nation’s crude inventories, and on concern that tensions with Iran may lead to disruptions in exports from the Middle East.

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net or Marek Strzelecki in Warsaw mstrzelecki1@bloomberg.net

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

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