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Market Dips As Foreign Investors Flee Poland.
(From Polish News Bulletin)
The last session of the year failed to impress investors, who lost some of their assets as the blue chip index WIG20 closed down 1.4 percent. Consequently, the previous year's scenario when the major indices climbed and set new records was not repeated. Nearly all the world's stock exchanges saw share prices fall. In Warsaw, foreign investors may have sold their shares ahead of the expected weakening of the zloty at the beginning of this month. KGHM was a major loser on Friday as investors started selling after the Treasury announced that copper deposits would end in 11 years. The company closed down 3 percent. Other leading companies including PKO BP, Pekao, TPSA and TVN also dipped.
The WIG all-share index dipped 1.0 percent to close at ...
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