The Warsaw bourse_s benchmark WIG index rose almost 500 points, or 2.5 percent.
Published:
6 February 2000 y., Sunday
The bourse shrugged off a quarter percentage point in all key interest rates by the European Central Bank (ECB), which announced its policy changes after the Thursday meeting.
The leading stocks WIG 20 index rocketed by 4.1 percent by 1400 GMT in the afternoon continuous trade after soaring 3.2 percent to 2,017.1 points in the morning trade.
The Warsaw index of telecoms&IT stocks rocketed 5.8 percent to 22,575 with top high tech stocks of Prokom, Optimus , ComputerLand soaring by nearly a maximum of 10 percent each in the single price auction system. The three stocks soared further in the afternoon trade, in what analysts saw a rekindled interest in companies investing in the potentially lucrative Internet ventures.
Local fixed-line operator Szeptel skyrocketed by almost 20 percent to Zl 21 in continuous trade after the firm said it planned to invest $100 million over the next two years to become one of the country_s leading Internet providers.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has authorised under EU state aid rules a €550 million capital injection and a €400 million guarantee in favour of the Austrian bank BAWAG. P.S.K. The Commission found the measures to be in line with EU state aid rules.
more »
EUROSTAT has reported that the sharpest annual decrease in hourly labour costs of -10.9% was observed in Lithuania in the 3rd quarter of 2009.
more »
Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand.
more »
What has come to be termed as the "Great Recession" seems to have come to an end in the third quarter of 2009.
more »
The European Commission has authorised, under EU State aid rules, a measure adopted by Lithuania to limit the adverse impact of the current financial crisis on exporting firms.
more »
The schedule of Vilnius International Airport (VIA) is supplemented with 3 more new directions; the airline company airBaltic starts regular flights to Paris today, to Munich tomorrow, and to Berlin on Monday.
more »
The Governing Council of the European Central Bank (ECB) has decided to start the main construction works for its new premises in spring 2010.
more »
AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange.
more »
Parex banka has established a subsidiary, SIA NIF, which will professionally manage assets that are not related to the Bank’s core business.
more »
Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development, today put forward a plan to ensure that Greece will put in place the systems necessary to allow EU aid payments to be made to farmers.
more »