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Polish Stocks: Lotos, Lubelski Wegiel Bogdanka Move in Warsaw

May 8 (Bloomberg) -- Poland’s WIG20 Index slid 2.2 percent to 2,168.35 by the close in Warsaw, the lowest in two weeks.

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

Grupa Lotos SA (LTS PW), Poland’s second-largest oil refiner, fell 4.1 percent to 27.25 zloty, the lowest level since March 30, after saying the probability that an oil field off the coast of Norway starting production next January is “very, very low.”

Lubelski Wegiel Bogdanka SA (LWB PW), advanced 1.6 percent to 126 zloty, rising for the first time in three days after the country’s second-largest publicly traded coal producer was rated new overweight at JPMorgan Chase & Co. An overweight recommendation means the bank advises clients to buy the stock.

To contact the reporters on this story: Piotr Bujnicki in Warsaw at pbujnicki@bloomberg.net; Marta Waldoch in Warsaw at mwaldoch@bloomberg.net

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

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