Polish Stocks: KGHM, Lotos, Orlen, Pekao, PKO Bank, PZU Shares
Poland’s WIG20 Index (WIG20) gained 34.23, or 1.5 percent, to 2,292.13 at the close in Warsaw, advancing for the first time in three days.
The following are among the most active stocks on the Warsaw Stock Exchange today. Stock symbols follow company names.
PKO Bank Polski SA (PKO) , Poland’s biggest bank, jumped 5.1 percent to 34.55 zloty, the highest close in almost a month. Bank Pekao SA (PEO) , majority-owned by UniCredit SpA, climbed 1.6 percent to 147.3 zloty and PZU SA (PZU) , the country’s biggest insurer, added 1.5 percent to 330 zloty.
Financial shares rallied across Europe as Italian Prime Minister Mario Monti introduced proposals to cut his nation’s debt.
KGHM Polska Miedz SA (KGH) , the copper producer with the biggest European mine output, rose 2.3 percent to 132.8 zloty, rising for the first time in three days as the price of the metal climbed.
PKN Orlen SA (PKN) , Poland’s biggest oil company, gained 5.1 percent to 41.1 zloty and Grupa Lotos SA (LTS) , the second-largest refiner, increased 3.5 percent to 25.75 zloty. Oil rose on concern that tension in the Middle East threatens supplies and as investors bet that European leaders will take steps to tame the region’s debt crisis.
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