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PZU share prices soar on first day’s trading

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The share prices in Polish insurer PZU rose 13% on their first day of trading in Warsaw, Bloomberg has reported.

Investors bid for nine times more shares than were available in the market, causing PZU shares to rise to 352.1 zloty (75.6p), valuing the company at 30.4bn zloty.

Jaroslaw Lis, fund manager at Union

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