WSE index increases

5 December 2012

The Warsaw Stock Exchange WIG20 index increased today, coming in at 2500 points right after the opening bell. So far, none of the WIG20’s businesses dropped. The Polish communication giant T.P. S.A. and the insurer PZU haven’t moved, but Poland’s copper company KGHM and oil kingpin PKN Orlen went up.
Investors are waiting for a decision by the Monetary Policy Council about interest rate levels for the coming month. A decision is expected later today. Market observers expect authorities will cut interest rates by 0.25 percent.

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