PL

Still bullish

... would sum up investors\\\' mood on the WSE last monthThe WIG index gained 4,000 pts., mainly due to good news from US Markets, which spurred capital markets worldwide. Of course, from time to time some corrections occurred, but the trend seems to remain strong. Moreover, the Polish economy is in an extremely good condition - GDP grew by 7.4 pct in the first quarter of 2007, the best figure for 10 years. Although economists predict that the second quarter results will be slightly worse, on the whole 2007 GDP will grow by around 6 pct and the construction sector contribution will be significantly bigger compared to previous years.On the subject of the construction sector on the WSE, it would be hard to ignore the big debuts which took place over the last few weeks. Firstly, at the end of May, Austrian developer Immoeast enjoyed successful share issues on the Warsaw and Vienna stock exchanges. The company\\\\\\\'s offer was worth more than EUR 2.8 bln, which makes it the biggest share
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