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Banking stocks continue to get battered

2008-10-08 00:00
publikacja
2008-10-08 00:00
Despite a slight improvement in the middle of the day after the announcement that the US Federal Reserve will buy commercial papers, at closing the WIG20 lost 1.4 percent and the WIG 1.9 percent, with a turnover of zł.1.44 billion.

The reason being that, "Foreign investors are still running away from Poland," said Stanisław Waczkowski, deputy president at Ipopemy Securities.

Once again the results of the banking sector were dismal as its index fell by 1.8 percent, as were those of KGHM, which lost 5.13 percent, despite a rise in the price of copper.

Sources: Puls Biznesu, Rzeczpospolita (KK)

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Załóż konto osobiste w apce Moje ING i zgarnij do 600 zł w promocjach od ING
Załóż konto osobiste w apce Moje ING i zgarnij do 600 zł w promocjach od ING

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