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Equity markets
Mid-cap stocks still safer than blue-chips,
analysts say
Mid-sized companies are still a safer bet than large, WIG20 corporations even after yesterday?s 3.7 percent decline of MIDWIG index, equity analysts polled by PARKIET said on Monday. Analysts and stock brokers from twenty Polish brokerage houses and investment funds expect the blue-chip index to fall another 100 points to an average of 1550 points after yesterday?s 48 point (2.8%) decline.
Just one out of 40 MIDWIG stocks managed to stay in black yesterday. However, even after yesterday?s carnage MIDWIG remains 33 percent higher than it was on January 1st. That compares with WIG20?s gain of 5.2 percent.
Public finances
Belka mulling VAT tax changes
New Polish prime minister Marek Belka is considering changes in the country?s VAT taxes, introducing a...
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