The index that monitors the Warsaw Stock Exchange’s biggest companies, the WIG 20 index, fell by 2.6 percent in April, Puls Biznesu the website reports. It says this was despite the fact that many of them produced healthy profits over the period. BGŻ bank’s quotations went up sharply after Rabobank announced it will buy-back 40 percent of its shares, offering a price that has surpassed the market’s expectations by 50 percent. After news coming from Sweden about Lindbad’s plans to take over Polish Centrum Klima company hit the market, the quotations of the Polish air conditioning equipment producer also jumped. Finally, the long-forgotten Power Media company surprised analysts as its results improved after paying off dividends of PLN 0.07 per share.
