WSE’s WIG20 driven down by Pekao’s sell off

31 January 2013

The Warsaw Stock Exchange’s WIG20 index was up 0.1 percent this morning. However, 30 minutes into trading it fell by 0.5 percent. The index was reportedly driven down again by the announcement that UniCredit would be selling off shares in Pekao. The lender’s share price dropped by 1.4 percent this morning. According to the business server parkiet.pl, Pekao’s shares may have been going for PLN 156 per share. After the news hit, Pekao shares dropped by 6.4 percent.

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