The Warsaw Stock Exchange’s WIG20 index increased by 0.2 percent Thursday morning. The index was driven up by the Polish fuel giant PKN Orlen Q3 performance. The company posted PLN 1.366bn in its net profits, exceeding market expectations.
The news coming out of the US federal department Thursday morning seemed to have little impact on the stock market. According to the federal report, US interest rates have not changed which means the federal funds rate now stands at 0 to 0.25 percent. The report also said the country will continue its efforts to stimulate the economy.
