Share price of PKO Bank Polski SA at Warsaw Stock Exchange

Share price of PKO Bank Polski SA

In 2012, the share price of PKO Bank Polski SA was mainly determined by the situation on the Warsaw Stock Exchange (GPW).

PKO Bank Polski SA share price and turnover in the period 29.12.2006-28.12.2012

Change of PKO Bank Polski SA share price compared to WIG20 and WIG Banks indices in the period 1.01.2007-28.12.2012 (29.12.2006 = 100%)

In 2012:

  • the price of PKO Bank Polski SA shares increased by 14.9% (PLN + 4.78) from PLN 32.12 at the end of 2011 to PLN 36.90 at the end of 2012,
  • the average price of the Bank’s shares amounted to PLN 34.26 per share and was lower by 12.2% (PLN -4.78) than in 2011,
  • the share price fluctuated in the range from PLN 30.50 (11 January and 24 May) to PLN 38.00 (14 September),
  • the daily average volume of trading in the Bank’s shares amounted to 2 410 thousand of shares while the highest level (14 366 thousand of shares) was recorded on 31 August and the lowest (601 thousand of units) on 30 October.

In 2012, stock prices on the WSE increased. The increases started in August, after significant decreases in the previous months of the year. This was mainly due to the fact that the moods of investors on the international financial markets improved, despite the continued adverse macroeconomic situation in both the European Union countries and the USA. Their optimism was largely associated with an anticipated improvement in the economic situation resulting from actions taken by the central banks, such as i.a. the Outright Monetary Transactions (OMT) programme launched by ECB in September to buy bonds of indebted euro zone countries, and the QE3 programme announced by the Fed, i.e. the third quantitative easing programme for buying mortgage bonds. Such actions helped ease tension on the financial markets.
The prices of the PKO Bank Polski SA’s shares in 2012 were also affected by the expected, further sale of share blocks by BGK and the State Treasury after expiry of the 180-day lock-up following the sale of 95 million shares in July 2012.

Share prices of PKO Bank Polski SA and capitalisation of competitors

Capitalisation as at the end of the period, PLN bilion)

Change of PKO Bank Polski SA share price compared to share prices of its competitors in the period 1.01.2007-28.12.2012 (29.12.2006 = 100%)