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 World Bank is seeing a surge in demand from borrowers seeking the Bank’s expertise to mitigate currency and interest rate risk.
more »
The European Commission has approved under EU state aid rules a Lithuanian package intended to stabilise the markets as a response to the global financial crisis.
more »
Total cereal production in 2010 should be close to the average from the last five years. While the yield per hectare will be 5% above average, overall cultivated areas have decreased.
more »
According to the unaudited data, AB Bank SNORAS profit prior to provisions and tax exemption within the first half of this year comprised LTL 51 million, the bank formed almost LTL 48 million provisions.
more »
The European Commission today approved two applications from Denmark for assistance from the EU Globalisation Adjustment Fund (EGF).
more »
The European Investment Bank today signed two loans for a total amount of EUR 150 million in support of small and medium-sized enterprises (SMEs) in Turkey.
more »
On 23 July 2010 the Board of the Bank of Lithuania permitted Bank SNORAS to register a change to the articles of association related to the increase of the authorized capital of the bank by LTL 82.3 million up to LTL 494,217,107.
more »
Heads of State and top officials from the Central American Integration System and World Bank Group President, Robert B. Zoellick, agreed to join efforts towards regional cooperation and integration and adopted a comprehensive agenda that includes an action plan with more than 20 specific measures.
more »
The Executive Board of the International Monetary Fund (IMF) today approved the full cancellation of Haiti’s outstanding liabilities to the Fund, of about SDR 178 million (equivalent to US$268 million).
more »
The Executive Board of the International Monetary Fund (IMF) today completed the third review of Latvia's performance under an economic program supported by a Stand-By Arrangement (SBA).
more »