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 decided to grant an extension of the deadline for the divestment of Fortis' corporate banking business, consisting of Hollandsche Bank Unie N.V. (HBU), two corporate client departments, 13 "Advieskantoren" and ABN AMRO's Dutch factoring activities to Deutsche Bank.
more »
MEPs will vote on an emergency plan to help the crisis-stricken sector dairy sector on Thursday after the Agriculture Committee approved the Commission's proposal on Monday evening in Strasbourg.
more »
The EBRD is boosting competition in the Montenegrin retail sector with a loan to expand the supermarket network of one of the leading retailers in the country.
more »
Redmond, Wash. — Oct. 16, 2009— On Oct. 19, Microsoft CEO Steve Ballmer heads to the sold-out Microsoft sharepoint Conference in Las Vegas where he will address more than 7,000 sharepoint customers, partners and developers.
more »
Proposals tabled for collaboration on sea surveillance, bigger EU role in global maritime affairs and sustainable fishing.
more »
$50 million financing package for agricultural commodities operator.
more »
Seeking to increase sheet-metal production volumes, Stansefabrikken decided to move all company’s production from Lillesand (Norway) to Stansefabrikken’s successfully operating factories in Lithuania.
more »
The European Economic and Social Committee (EESC) and the European Commission Representation in Finland jointly organise a conference in Helsinki on 22 and 23 October on "The Baltic Sea Region: the best place to work and do business".
more »
Why did economy rise drastically turn into painful decline and what price will every of us have to pay for that?
more »
The economies of central and eastern Europe are expected to contract by an average of 6.3 per cent in 2009 following steep output declines in the first half of the year.
more »