Poland’s WIG20 benchmark stock index plunged the most in four months as sliding commodity prices hurt earnings prospects for copper producer KGHM Polska Miedz SA and oil refiners PKN Orlen SA and Grupa Lotos SA. Telekomunikacja Polska SA, Poland’s biggest telephone company, fell 11 percent, the most since its shares started trading in 1998, to 14.28 zloty. The bourse set a “theoretical” price for the shares after a “large” sell order went unfilled as the session closed, Anna Wisniewska, a spokeswoman for the bourse, told the PAP newswire.
Read more:http://www.businessweek.com/news/2010-02-04/polish-stocks-plunge-kghm-orlen-telekomunikacja-decline.html
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