Poland’s top insurer PZU closed up 15.2% to PLN 360 on its debut day, on a massive turnover of PLN 5.1 bln, capping Europe’s largest IPO this year.
PZU will be included in the large-cap index WIG20, replacing ceramics firm Cersanit, on May 14 post-session, WSE announced in a statement.
"The extraordinary revision of indices is a consequence of PZU debut, whose value of share in turnover on the first day of trade constitutes 5% of the WIG20 index capitalization that day," the statement read.
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