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
How will economic policies adapt in 2020 when a quarter of the EU population is over 65? Can economics better predict how banks will react to credit crunches in the future, and what their impact will be on the wider economy?
more »
The EBRD is supporting the development of one of the first modern food retail chains in Turkmenistan with a $1.9 million equity investment in Ak Enar.
more »
While on a working visit to Ukraine, President of the Republic of Lithuania Dalia Grybauskaitė has underlined that Ukraine might become a very important energy partner for Lithuania and for the whole European Union but only transparent and open relations will lead to success in this area.
more »
On 25 November in Vilnius, Lithuania’s Vice-Minister of Foreign Affairs and President of the Nordic Investment Bank discussed the issues of the Northern Dimension Partnership on Transport and Logistics (the secretariat of which is being established at the Bank), issues of the NIB cooperation with Lithuania and perspectives of the NIB’s activities in the country.
more »
The European Bank for Reconstruction and Development has adopted a new strategy for the Russian Federation.
more »
Consumer protection requires transparent and consistent trade rules, believe MEPs.
more »
The European Investment Bank (EIB) is lending CZK 2 billion (approx. EUR 76 million) to the South Moravia Region for co-financing the Region’s priority infrastructure projects supported by the EU Structural and Cohesion Funds over the period 2007 – 2013.
more »
Seeking to strengthen business partnership between Israel and Lithuania the Israel and Lithuania Chamber of Commerce has been recently established in Lithuania.
more »
AB DnB NORD Bankas, notifies that on 24 November 2009, the member of the Management Board and Executive Vice-president of AB DnB NORD Bankas dr. Jekaterina Titarenko has been appointed as Chief Financial Officer of Bank DnB NORD Group.
more »
Parliament gave its backing on Tuesday for €400 million-plus in budget aid to Serbia, Bosnia and Herzegovina, Armenia and Georgia.
more »