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Warsaw shares close near to 5-months lows; Bioton, KGHM tumble


Published :
Thu, 16 Aug 2007 16:05
By : Agencies
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WARSAW (Thomson Financial) - Warsaw shares tumbled to their lowest level in 5 months as global equities fell sharply, on fears over the fallout from the crises on the US credit market with biotech company Bioton and copper miner KGHM leading the decline.

The Warsaw bourse's blue-chip WIG20 index lost 5.24 pct to 3,334.15, after touching its lowest level since March 16 earlier in the session. The broad-based WIG dropped 7.33 pct to 54,788.86 in heavy trade of more than 2.5 bln zlotys.

piotr.skolimowski@thomson.com +48 22 447 24 36

ps1/dca

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