Poland shares close higher, led by financial stocks

Polish shares closed higher led by financial stocks, with shares in PKO BP reaching record highs, the Puls Biznesu news agency reported.

The main WIG20 index rose 1.81 pct to close at 3,251.01 points.

PKO BP rose 5.4 pct to close at its all-time record of 41.95 zloty.

Other financials also finished higher, with BZ WBK adding 3.91 pct to close at 215 zloty and Bank BPH PLN closing 2.7 pct stronger at 950 zloty.

Telcoms stock TP also finished higher, up 3.49 pct at 24.3 zloty, along with Agora media group, up 7.1 pct to 31.6 zloty following its results.

Amongst fallers, PKN Orlen shed 1.1 pct to close at 47.20 zloty, while Lotos fell 1.9 pct to 46.1 zloty.

Oil and gas company PGNiG shed 0.9 pct to 3.19 zloty.
Source:forbes.com