Ratings

Ratings

RATINGS

Overview of breakdown in relative terms of our investment ratings (as of 22 June 2020)

  number of recommendations as percentage
Buy 27 50%
Hold 10 19%
Sell 3 6%
Coverage in transition 11 20%
Restricted 3 6%
Total 54  

 

History of rating regarding recommendation changes as of

Company Date Recommendation Target Price Actual Price Analyst Validity of Recommendation
PKO BP 7 July 2020 Buy PLN 25.60 PLN 23.30 Jerzy Kosiński, CFA 7 July 2021
Santander BP 7 July 2020 Hold PLN 184.30 PLN 173.50 Jerzy Kosiński, CFA 7 July 2021
mBank 7 July 2020 Sell PLN 215.80 PLN 236.40 Jerzy Kosiński, CFA 7 July 2021
ING 7 July 2020 Hold PLN 152.40 PLN 151.60 Jerzy Kosiński, CFA 7 July 2021
Millennium 7 July 2020 Hold PLN 3.30 PLN 3.10 Jerzy Kosiński, CFA 7 July 2021
Handlowy 7 July 2020 Hold PLN 40.90 PLN 39.20 Jerzy Kosiński, CFA 7 July 2021
AB 25 May 2020 Buy PLN 30.40 PLN 23.9 Łukasz Kosiarski 25 May 2021
PGE 19 May 2020 Hold PLN 4.50 PLN 4.24 Maksymilian Piotrowski 19 May 2021
PGNiG 11 May 2020 Buy PLN 4.86 PLN 3.72 Krzysztof Kozieł, CFA 11 May 2021
Lotos 11 May 2020 Hold PLN 62.88 PLN 60.66 Krzysztof Kozieł, CFA 11 May 2021
PKN Orlen 11 May 2020 Buy PLN 78.20 PLN 62.82 Krzysztof Kozieł, CFA 11 May 2021
Comarch 8 May 2020 Buy PLN 268 PLN 209 Łukasz Kosiarski 8 May 2021
Livechat Software 8 May 2020 Buy PLN 80 PLN 58.8 Łukasz Kosiarski 8 May 2021
Asseco Poland 8 May 2020 Hold PLN 75.00 PLN 71.1 Łukasz Kosiarski 8 May 2021
CD Projekt 16 April 2020 Buy PLN 392 PLN 342.2 Łukasz Kosiarski 16 April 2021
Ten Square Games 26 March 2020 Buy PLN 350.00 PLN 274 Łukasz Kosiarski 26 March 2021
CCC 19 March 2020 Restricted - - Maria Mickiewicz -
Ciech 24 February 2020 Buy PLN 45.46 PLN 36.00 Krzysztof Kozieł, CFA 23 February 2021
Orange Polska 14 February 2020 Hold PLN 7.20 PLN 7.11 Łukasz Kosiarski 13 February 2021
Kety 06 February 2020 Hold PLN 431.00 PLN 395.50 Marcin Gątarz, CFA 05 February 2021
Amica 3 January 2020 Not rated - - - -
Develia 3 January 2020 Not rated - - - -
Getin Noble 3 January 2020 Not rated - - - -
PKP Cargo 3 January 2020 Not rated - - - -
Stalprodukt 3 January 2020 Not rated - - - -
XTB 3 January 2020 Not rated - - - -
ZE PAK 3 January 2020 Not rated - - - -
PKO BP 3 December 2019 Buy PLN 45.20 PLN 36.10 Jerzy Kosiński, CFA 2 December 2020
Santander 3 December 2019 Buy PLN 330.30 PLN 275.00 Jerzy Kosiński, CFA 2 December 2020
mBank 3 December 2019 Sell PLN 343.00 PLN 372.20 Jerzy Kosiński, CFA 2 December 2020
ING BSK 3 December 2019 Hold PLN 190.60 PLN 190.00 Jerzy Kosiński, CFA 2 December 2020
Alior 3 December 2019 Buy PLN 37.80 PLN 29.50 Jerzy Kosiński, CFA 2 December 2020
Handlowy 3 December 2019 Hold PLN 53.60 PLN 52.00 Jerzy Kosiński, CFA 2 December 2020
Millennium 3 December 2019 Buy PLN 8.00 PLN 5.50 Jerzy Kosiński, CFA 2 December 2020
PGE 3 December 2019 Hold PLN 9.25 PLN 8.72 Maksymilian Piotrowski 2 December 2020
Tauron 3 December 2019 Hold PLN 1.87 PLN 1.78 Maksymilian Piotrowski 2 December 2020
Enea 3 December 2019 Buy PLN 11.37 PLN 8.95 Maksymilian Piotrowski 2 December 2020
Energa 3 December 2019 Hold PLN 7.41 PLN 6.89 Maksymilian Piotrowski 2 December 2020
CEZ 3 December 2019 Buy CZK 652.70 CZK 509.70 Maksymilian Piotrowski 2 December 2020
Lotos 3 December 2019 Buy PLN 104.22 PLN 91.68 Krzysztof Kozieł, CFA 2 December 2020
PKN Orlen 3 December 2019 Hold PLN 96.80 PLN 92.90 Krzysztof Kozieł, CFA 2 December 2020
PGNiG 3 December 2019 Buy PLN 5.46 PLN 4.62 Krzysztof Kozieł, CFA 2 December 2020
KGHM 3 December 2019 Sell PLN 82.10 PLN 89.90 Marcin Gątarz, CFA 2 December 2020
JSW 3 December 2019 Hold PLN 21.30 PLN 20.90 Marcin Gątarz, CFA 2 December 2020
Bogdanka 3 December 2019 Buy PLN 52.50 PLN 37.30 Marcin Gątarz, CFA 2 December 2020
CD Projekt 3 December 2019 Buy PLN 316.00 PLN 269.20 Łukasz Kosiarski 2 December 2020
11 Bit Studios 3 December 2019 Buy PLN 497.90 PLN 348.50 Łukasz Kosiarski 2 December 2020
PlayWay 3 December 2019 Hold PLN 190.00 PLN 177.80 Łukasz Kosiarski 2 December 2020
Ten Square Games 3 December 2019 Buy PLN 225.00 PLN 168.00 Łukasz Kosiarski 2 December 2020
Cyfrowy Polsat 3 December 2019 Hold PLN 29.70 PLN 27.92 Łukasz Kosiarski 2 December 2020
Orange Polska 3 December 2019 Hold PLN 6.82 PLN 6.39 Łukasz Kosiarski 2 December 2020
Play Communications 3 December 2019 Buy PLN 38.50 PLN 32.70 Łukasz Kosiarski 2 December 2020
Asseco Poland 3 December 2019 Buy PLN 63.00 PLN 56.65 Łukasz Kosiarski 2 December 2020
Eurocash 3 December 2019 Sell PLN 20.50 PLN 22.28 Maria Mickiewicz 2 December 2020
Dino Polska 3 December 2019 Hold PLN 143.00 PLN 135.20 Maria Mickiewicz 2 December 2020
Jeronimo Martins 3 December 2019 Buy EUR 17.30 EUR 14.50 Maria Mickiewicz 2 December 2020
LPP 3 December 2019 Buy PLN 10300.00 PLN 8700.00 Maria Mickiewicz 2 December 2020
CCC 3 December 2019 Hold PLN 118.00 PLN 112.40 Maria Mickiewicz 2 December 2020
AmRest 3 December 2019 Buy PLN 54.50 PLN 47.00 Maria Mickiewicz 2 December 2020
VRG 3 December 2019 Buy PLN 4.80 PLN 3.94 Maria Mickiewicz 2 December 2020
InterCars 3 December 2019 Buy PLN 216.10 PLN 191.00 Maksymilian Piotrowski 2 December 2020
Auto Partner 3 December 2019 Buy PLN 7.00 PLN 4.46 Maksymilian Piotrowski 2 December 2020
GTC 3 December 2019 Hold PLN 10.30 PLN 9.36 Maria Mickiewicz 2 December 2020
Echo Investment 3 December 2019 Buy PLN 5.80 PLN 4.72 Maria Mickiewicz 2 December 2020
Azoty Group 3 December 2019 Buy PLN 36.99 PLN 32.02 Krzysztof Kozieł, CFA 2 December 2020
Benefit Systems 3 December 2019 Hold PLN 900.00 PLN 834.00 Maria Mickiewicz 2 December 2020
Alumetal 3 December 2019 Buy PLN 44.80 PLN 40.00 Marcin Gątarz, CFA 2 December 2020
Ferro 3 December 2019 Buy PLN 24.90 PLN 14.70 Marcin Gątarz, CFA 2 December 2020
Kety 3 December 2019 Buy PLN 361.50 PLN 318.00 Marcin Gątarz, CFA 2 December 2020
Astarta Holding 3 December 2019 Hold PLN 18.10 PLN 15.90 Marcin Gątarz, CFA 2 December 2020
Kernel Holding 3 December 2019 Buy PLN 54.40 PLN 41.50 Marcin Gątarz, CFA 2 December 2020
AB 3 December 2019 Buy PLN 29.50 PLN 22.60 Łukasz Kosiarski 2 December 2020
Mabion 3 December 2019 Buy PLN 114.70 PLN 99.40 Łukasz Kosiarski 2 December 2020
CD Projekt 3 December 2019 Buy PLN 316.00 PLN 262.50 Łukasz Kosiarski 2 December 2020
Auto Partners 2 December 2019 Buy PLN 7.00 PLN 4.46 Maksymilian Piotrowski 1 December 2020
Inter Cars 2 December 2019 Buy PLN 216.10 PLN 191.00 Maksymilian Piotrowski 1 December 2020
Grupa Azoty 25 November 2019 Buy PLN 36.99 PLN 32.02 Krzysztof Kozieł, CFA 24 November 2020
Astarta 20 November 2019 Hold PLN 18.10 PLN 15.80 Marcin Gątarz, CFA 19 November 2020
Kernel Holding 20 November 2019 Buy PLN 54.40 PLM 41.75 Marcin Gątarz, CFA 19 November 2020
Echo Investment 25 October 2019 Buy PLN 5.00 PLN 4.38 Maria Mickiewicz 24 October 2020
PKO BP 9 October 2019 Buy PLN 44.20 PLN 37.50 Jerzy Kosiński, CFA 8 October 2020
Santander 9 October 2019 Buy PLN 329.70 PLN 286.00 Jerzy Kosiński, CFA 8 October 2020
mBank 9 October 2019 Sell PLN 323.50 PLN 346.80 Jerzy Kosiński, CFA 8 October 2020
ING Bank Slaski 9 October 2019 Sell PLN 193.60 PLN 194.8 Jerzy Kosiński, CFA 8 October 2020
Millennium 9 October 2019 Buy PLN 7.80 PLN 5.50 Jerzy Kosiński, CFA 8 October 2020
Alior Bank 9 October 2019 Buy PLN 47.30 PLN 35.80 Jerzy Kosiński, CFA 8 October 2020
Handlowy 9 October 2019 Hold PLN 53.20 PLN 50.00 Jerzy Kosiński, CFA 8 October 2020
Cyfrowy Polsat 8 October 2019 Buy PLN 30.70 PLN 27.82 Łukasz Kosiarski 7 October 2020
Orange Polska 8 October 2019 Buy PLN 6.30 PLN 5.41 Łukasz Kosiarski 7 October 2020
Play Communications 8 October 2019 Buy PLN 35.90 PLN 27.34 Łukasz Kosiarski 7 October 2020
CCC 1 October 2019 Hold PLN 144.00 PLN 139.10 Maria Mickiewicz 30 September 2020
PKN Orlen 30 September 2019 Hold PLN 101.15 PLN 97.86 Krzysztof Kozieł, CFA 29 September 2020
Lotos 30 September 2019 Buy PLN 105.50 PLN 88.60 Krzysztof Kozieł, CFA 29 September 2020
PGNiG 30 September 2019 Hold PLN 5.00 PLN 4.79 Krzysztof Kozieł, CFA 29 September 2020
LPP 16 September 2019 Buy PLN 9500.00 PLN 7920.00 Maria Mickiewicz 15 September 2020
Eurocash 3 September 2019 Hold PLN 21.50 PLN 20.54 Maria Mickiewicz 2 September 2020
KGHM 23 August 2019 Hold PLN 79.60 PLN 74.78 Marcin Gątarz, CFA 22 August 2020
Dino Polska 23 August 2019 Hold PLN 159.00 PLN 149.60 Maria Mickiewicz 22 August 2020
CEZ 25 July 2019 Buy CZK 649.40 CZK 528.40 Maksymilian Piotrowski 24 July 2020
PKO BP 22 July 2019 In transition  - - - -
Santander 22 July 2019 In transition  - - - -
mBank 22 July 2019 In transition  - - - -
ING Bank Slaski 22 July 2019 In transition  - - - -
Alior Bank 22 July 2019 In transition  - - - -
Handlowy 22 July 2019 In transition  - - - -
Millennium 22 July 2019 In transition  - - - -
OTP Bank 22 July 2019 In transition  - - - -
Komercni banka 22 July 2019 In transition  - - - -
PGNiG 21 June 2019 In transition  - - - -
PKN Orlen 21 June 2019 In transition  - - - -
Lotos 21 June 2019 In transition  - - - -
Ciech 21 June 2019 In transition  - - - -
Grupa Azoty 21 June 2019 In transition  - - - -
LPP 11 June 2019 Hold PLN 7800.00 PLN 7220.00 Maria Mickiewicz 10 June 2020
CCC 11 June 2019 Sell PLN 140.00 PLN 150.50 Maria Mickiewicz 10 June 2020
AmRest 11 June 2019 Buy PLN 47.50 PLN 38.05 Maria Mickiewicz 10 June 2020
VRG 11 June 2019 Buy PLN 5.70 PLN 3.85 Maria Mickiewicz 10 June 2020
Monnari 11 June 2019 Hold PLN 6.20 PLN 5.78 Maria Mickiewicz 10 June 2020
Dino Polska 11 June 2019 Buy PLN 153.00 PLN 125.50 Maria Mickiewicz 10 June 2020
Eurocash 11 June 2019 Sell PLN 19.00 PLN 20.12 Maria Mickiewicz 10 June 2020
Jeronimo Martins 11 June 2019 Buy EUR 16.50 EUR 14.33 Maria Mickiewicz 10 June 2020
CD Projekt 11 June 2019 Hold PLN 222.70 PLN 212.00 Łukasz Kosiarski 10 June 2020
11 Bit Studios 11 June 2019 Buy PLN 466.2 PLN 393.00 Łukasz Kosiarski 10 June 2020
Ten Square Games 11 June 2019 Buy PLN 142.5 PLN 124.60 Łukasz Kosiarski 10 June 2020
PlayWay 11 June 2019 Hold PLN 189.00 PLN 177.40 Łukasz Kosiarski 10 June 2020
Cyfrowy Polsat 11 June 2019 Buy PLN 32.60 PLN 28.10 Łukasz Kosiarski 10 June 2020

 

 

Orange Polska 11 June 2019 Hold PLN 6.31 PLN 5.88 Łukasz Kosiarski 10 June 2020
Play Communications 11 June 2019 Buy PLN 38.90 PLN 31.00 Łukasz Kosiarski 10 June 2020
Asseco Poland 11 June 2019 Hold PLN 56.40 PLN 52.50 Łukasz Kosiarski 10 June 2020
KGHM 11 June 2019 Sell PLN 90.50 PLN 94.76 Marcin Gątarz, CFA 10 June 2020
JSW 11 June 2019 Buy PLN 65.60 PLN 48.94 Marcin Gątarz, CFA 10 June 2020
Bogdanka 11 June 2019 Buy PLN 59.80 PLN 34.45 Marcin Gątarz, CFA 10 June 2020
PGE 11 June 2019 Hold PLN 9.72 PLN 8.92 Maksymilian Piotrowski 10 June 2020
Enea 11 June 2019 Buy PLN 11.18 PLN 8.32 Maksymilian Piotrowski 10 June 2020
Tauron PE 11 June 2019 Buy PLN 1.85 PLN 1.51 Maksymilian Piotrowski 10 June 2020
Energa 11 June 2019 Hold PLN 7.85 PLN 7.33 Maksymilian Piotrowski 10 June 2020
GTC 11 June 2019 Buy PLN 9.90 PLN 8.15 Maria Mickiewicz 10 June 2020
Echo Investment 11 June 2019 Hold PLN 4.00 PLN 3.75 Maria Mickiewicz 10 June 2020
Kernel Holding 11 June 2019 Buy PLN 59.20 PLN 48.25 Marcin Gątarz, CFA 10 June 2020
Astarta Holding 11 June 2019 Hold PLN 27.80 PLN 24.40 Marcin Gątarz, CFA 10 June 2020
Kety 11 June 2019 Hold PLN 352.10 PLN 340.00 Marcin Gątarz, CFA 10 June 2020
Alumetal 11 June 2019 Buy PLN 43.70 PLN 38.30 Marcin Gątarz, CFA 10 June 2020
Ferro 11 June 2019 Buy PLN 24.00 PLN 14.00 Marcin Gątarz, CFA 10 June 2020
AB S.A. 11 June 2019 Buy PLN 26.70 PLN 15.25 Łukasz Kosiarski 10 June 2020
Mabion 11 June 2019 Buy PLN 116.40 PLN 73.50 Łukasz Kosiarski 10 June 2020
Cyfrowy Polsat 4 June 2019 Buy PLN 29.90 PLN 26.08 Łukasz Kosiarski 3 June 2020
Orange Polska 4 June 2019 Hold PLN 5.40 PLN 5.20 Łukasz Kosiarski 3 June 2020
Play Communications 4 June 2019 Buy PLN 30.30  PLN 26.06 Łukasz Kosiarski 3 June 2020
Grupa Azoty 15 May 2019 Buy PLN 42.8  PLN 34.90 Katarzyna Włodarczyk, CFA 14 May 2020
JSW 23 April 2019 Buy PLN 68.80 PLN 58.75 Marcin Gątarz, CFA 22 April 2020
Ten Square Games 9 April 2019 Buy PLN 140.00 PLN 118.00 Łukasz Kosiarski 8 April 2020
PlayWay 9 April 2019 Hold PLN 195.00 PLN 183.80  Łukasz Kosiarski 8 April 2020
11 Bit Studios 9 April 2019 Buy PLN 455.0 PLN 392.00 Łukasz Kosiarski 8 April 2020
CD Projekt 9 April 2019 Hold PLN 211.00  PLN 204.00  Łukasz Kosiarski 8 April 2020
Dino Polska 2 April 2019 Buy PLN 152.00  PLN 126.10  Maria Mickiewicz 1 April 2020
Eurocash 2 April 2019 Sell PLN 19.60  PLN 22.58  Maria Mickiewicz 1 April 2020
PKN Orlen 26 March 2019 Buy PLN 112.6  PLN 98.7  Katarzyna Włodarczyk, CFA 25 March 2020
Lotos 26 March 2019 Buy PLN 101.6  PLN 85.0  Katarzyna Włodarczyk, CFA 25 March 2020
Cyfrowy Polsat 22 March 2019 Buy PLN 30.30  PLN 26.24  Łukasz Kosiarski 21 March 2020
Monnari 19 March 2019 Buy PLN 7.20  PLN 6.30  Maria Mickiewicz 18 March 2020
AmRest 19 March 2019 Hold PLN 49.70  PLN 47.30  Maria Mickiewicz 18 March 2020
Ferro 6 March 2019 Buy PLN 23.70 PLN 14.50 Marcin Gątarz, CFA 5 March 2020
Bank Handlowy 15 February 2019 Sell PLN 64.00 PLN 67.60 Kamil Stolarski, CFA 15 February 2020
ING Bank Slaski 14 February 2019 Sell PLN 187.00 PLN 200.00 Kamil Stolarski, CFA 14 February 2020
CCC 31 January 2019 Hold PLN 195.00 PLN 183.20 Maria Mickiewicz 31 January 2020
AmRest 22 January 2019 Buy PLN 48.00 PLN 38.80 Maria Mickiewicz 22 January 2020
Eurocash 10 January 2019 Sell PLN 17.20 PLN 19.02 Maria Mickiewicz 10 January 2020
Mabion 28 November 2018 Buy PLN 145.10 PLN 84.30 Łukasz Kosiarski 28 November 2019
AB S.A. 28 November 2018 Buy PLN 28.20 PLN 18.15 Łukasz Kosiarski 28 November 2019
Kernel Holding 28 November 2018 Hold PLN 59.90 PLN 55.50 Marcin Gątarz, CFA 28 November 2019
Astarta Holding 28 November 2018 Hold PLN 34.00 PLN 29.60 Marcin Gątarz, CFA 28 November 2019
Kety 28 November 2018 Hold PLN 344.30 PLN 331.00 Marcin Gątarz, CFA 28 November 2019
Ferro 28 November 2018 Buy PLN 20.00 PLN 13.50 Marcin Gątarz, CFA 28 November 2019
Alumetal 28 November 2018 Buy PLN 51.20 PLN 44.20 Marcin Gątarz, CFA 28 November 2019
Grupa Azoty 28 November 2018 Sell PLN 28.50 PLN 33.10 Katarzyna Włodarczyk, CFA 28 November 2019
Ciech 28 November 2018 Buy PLN 53.60 PLN 42.30 Katarzyna Włodarczyk, CFA 28 November 2019
Echo Investment 28 November 2018 Hold PLN 4.30 PLN 3.92 Maria Mickiewicz 28 November 2019
GTC 28 November 2018 Buy  PLN 10.00 PLN 8.50 Maria Mickiewicz 28 November 2019
Monnari 28 November 2018 Hold PLN 5.10 PLN 4.79 Maria Mickiewicz 28 November 2019
VRG 28 November 2018 Buy PLN 5.30 PLN 3.89 Maria Mickiewicz 28 November 2019
AmRest 28 November 2018 Buy PLN 51.30 PLN 37.45 Maria Mickiewicz 28 November 2019
CCC 28 November 2018 Buy PLN 220.00 PLN 187.00 Maria Mickiewicz 28 November 2019
LPP 28 November 2018 Sell PLN 7,350.00 PLN 7,975.00 Maria Mickiewicz 28 November 2019
Dino Polska 28 November 2018 Buy PLN 135.00 PLN 86.50 Maria Mickiewicz 28 November 2019
Eurocash 28 November 2018 Hold PLN 18.50 PLN 17.20 Maria Mickiewicz 28 November 2019
Asseco Poland 28 November 2018 Buy PLN 59.40 PLN 47.42 Łukasz Kosiarski 28 November 2019
Play Communications 28 November 2018 Buy PLN 20.40 PLN 16.54 Łukasz Kosiarski 28 November 2019
Orange Polska 28 November 2018 Hold PLN 5.00 PLN 4.91 Łukasz Kosiarski 28 November 2019
Cyfrowy Polsat 28 November 2018 Buy PLN 29.70 PLN 22.50 Łukasz Kosiarski 28 November 2019
11 Bit Studios 28 November 2018 Buy PLN 399.00 PLN 272.00 Łukasz Kosiarski 28 November 2019
CD Projekt 28 November 2018 Buy PLN 170.30 PLN 142.20 Łukasz Kosiarski 28 November 2019
Bogdanka 28 November 2018 Buy PLN 80.80 PLN 56.32 Marcin Gątarz, CFA 28 November 2019
JSW 28 November 2018 Hold PLN 73.60 PLN 72.56 Marcin Gątarz, CFA 28 November 2019
KGHM 28 November 2018 Sell PLN 80.40 PLN 89.94 Marcin Gątarz, CFA 28 November 2019
PGNiG 28 November 2018 Buy PLN 7.20 PLN 6.30 Katarzyna Włodarczyk, CFA 28 November 2019
PKN Orlen 28 November 2018 Hold PLN 106.40 PLN 102.10 Katarzyna Włodarczyk, CFA 28 November 2019
Lotos  28 November 2018 Buy PLN 93.10 PLN 76.50 Katarzyna Włodarczyk, CFA 28 November 2019
Energa 28 November 2018 Buy PLN 11.33 PLN 9.26 Maksymilian Piotrowski 28 November 2019
Enea 28 November 2018 Buy PLN 13.02 PLN 10.44 Maksymilian Piotrowski 28 November 2019
Tauron PE 28 November 2018 Buy PLN 2.55 PLN 2.17 Maksymilian Piotrowski 28 November 2019
PGE 28 November 2018 Hold PLN 13.13 PLN 11.94 Maksymilian Piotrowski 28 November 2019
Komercni banka 28 November 2018 Buy CZK 1,020 CZK 899.0 Kamil Stolarski, CFA 28 November 2019
OTP Bank 28 November 2018 Sell HUF 10,700 HUF 11,380 Kamil Stolarski, CFA 28 November 2019
Bank Millennium 28 November 2018 Sell PLN 8.50 PLN 9.39 Kamil Stolarski, CFA 28 November 2019
Bank Handlowy 28 November 2018 Sell PLN 68.00 PLN 69.20 Kamil Stolarski, CFA 28 November 2019
Alior Bank 28 November 2018 Buy PLN 59.00 PLN 51.50 Kamil Stolarski, CFA 28 November 2019
ING Bank Slaski 28 November 2018 Sell PLN 176.00 PLN 182.00 Kamil Stolarski, CFA 28 November 2019
mBank 28 November 2018 Sell PLN 350.00 PLN 402.00 Kamil Stolarski, CFA 28 November 2019
Santander 28 November 2018 Buy PLN 390.00 PLN 351.80 Kamil Stolarski, CFA 28 November 2019
PKO BP 28 November 2018 Hold PLN 40.00 PLN 39.89 Kamil Stolarski, CFA 28 November 2019
CD Projekt 21 November 2018 Buy PLN 170.30 PLN 129.40 Łukasz Kosiarski 21 November 2019
AmRest 13 November 2018 Buy PLN 51.30 PLN 42.85 Maria Mickiewicz 13 November 2019
Ciech 8 November 2018 Hold PLN 47.80 PLN 43.20 Katarzyna Włodarczyk, CFA 8 November 2019
Asseco Poland 7 November 2018 Buy PLN 57.20 PLN 48.90 Łukasz Kosiarski 7 November 2019
Bank Millennium 6 November 2018 Sell PLN 8.50 PLN 8.80 Kamil Stolarski, CFA 6 November 2019
Santander 2 November 2018 Buy PLN 380.00 PLN 340.4 Kamil Stolarski, CFA 2 November 2019
Enea 22 October 2018 Buy PLN 9.92 PLN 8.13 Maksymilian Piotrowski 22 October 2019
Energa 22 October 2018 Buy PLN 9.71 PLN 8.16 Maksymilian Piotrowski 22 October 2019
Tauron PE 22 October 2018 Buy PLN 2.22 PLN 1.79 Maksymilian Piotrowski 22 October 2019
Mabion 3 October 2018 Buy PLN 142.20 PLN 109.00 Łukasz Kosiarski 3 October 2019
PGNiG 21 September 2018 Buy PLN 7.40 PLN 5.90 Katarzyna Włodarczyk, CFA 21 September 2019
11 Bit Studios 5 September 2018 Hold PLN 395.20 PLN 368.00 Łukasz Kosiarski 5 September 2019
PKO BP 29 August 2018 Sell PLN 39.00 PLN 43.69 Kamil Stolarski, CFA 29 August 2019
Bank Handlowy 24 August 2018 Hold PLN 75.00 PLN 70.60 Kamil Stolarski, CFA 24 August 2019
Play Communications 22 August 2018 Hold PLN 23.60 PLN 20.90 Łukasz Kosiarski 22 August 2019
Kety 16 August 2018 Hold PLN 381.40 PLN 374.00 Marcin Gątarz, CFA 16 August 2019
OTP Bank 14 August 2018 Sell HUF 9,900 PLN 10,020 Kamil Stolarski, CFA 14 August 2019
Alior Bank 10 August 2018 Sell PLN 71.00 PLN 72.50 Kamil Stolarski, CFA 10 August 2019
ING Bank Slaski 3 August 2018 Hold PLN 185.00 PLN 184.20 Kamil Stolarski, CFA 3 August 2019
Komercni banka 3 August 2018 Hold CZK 1,020 CZK 942.00 Kamil Stolarski, CFA 3 August 2019
mBank 1 August 2018 Sell PLN 350.00 PLN 427.60 Kamil Stolarski, CFA 1 August 2019
Millennium 27 July 2018 Sell PLN 7.70  PLN 9.01 Kamil Stolarski, CFA 27 July 2019
BZ WBK 26 July 2018 Sell PLN 345.00 PLN 356.00 Kamil Stolarski, CFA 26 July 2019
Kernel Holding 4 July 2018 Hold PLN 54.60 PLN 47.55 Marcin Gątarz, CFA 4 July 2019
Astarta Holding  4 July 2018 Buy PLN 44.20  PLN 33.50 Marcin Gątarz, CFA 4 July 2019
Kety 4 July 2018 Hold PLN 340.30 PLN 320.00 Marcin Gątarz, CFA 4 July 2019
Ferro 4 July 2018 Buy PLN 19.80 PLN 13.50 Marcin Gątarz, CFA 4 July 2019
Alumetal 4 July 2018 Hold PLN 50.30 PLN 47.40 Marcin Gątarz, CFA 4 July 2019
Grupa Azoty 4 July 2018 Hold PLN 45.10 PLN 43.10 Katarzyna Włodarczyk, CFA 4 July 2019
Ciech 4 July 2018 Buy PLN 62.70 PLN 55.90 Katarzyna Włodarczyk, CFA 4 July 2019
Echo Investment 4 July 2018 Buy PLN 5.50 PLN 4.20 Maria Mickiewicz 4 July 2019
GTC 4 July 2018 Buy PLN 11.30 PLN 9.21 Maria Mickiewicz 4 July 2019
Monnari  4 July 2018 Buy PLN 7.70  PLN 6.59 Maria Mickiewicz 4 July 2019
VRG 4 July 2018 Buy PLN 5.25 PLN 4.59 Maria Mickiewicz 4 July 2019
CCC 4 July 2018 Buy PLN 270.00 PLN 207.00 Maria Mickiewicz 4 July 2019
LPP 4 July 2018 Hold PLN 9,200.00 PLN 8,485.00 Maria Mickiewicz 4 July 2019
Eurocash 4 July 2018 Hold PLN 22.40 PLN 21.70 Maria Mickiewicz 4 July 2019
Asseco Poland 4 July 2018 Hold PLN 42.40 PLN 40.04 Łukasz Kosiarski 4 July 2019
11 Bit Studios 4 July 2018 Buy PLN 582.30 PLN 454.00 Łukasz Kosiarski 4 July 2019
CD Projekt 4 July 2018 Hold PLN 173.60 PLN 161.80 Łukasz Kosiarski 4 July 2019
JSW 4 July 2018 Buy PLN 93.40 PLN 76.70 Marcin Gątarz, CFA 4 July 2019
KGHM 4 July 2018 Hold PLN 95.00 PLN 88.00 Marcin Gątarz, CFA 4 July 2019
PKN Orlen 4 July 2018 Sell PLN 79.80 PLN 84.10 Katarzyna Włodarczyk, CFA 4 July 2019
Lotos  4 July 2018 Hold PLN 58.40 PLN 56.90 Katarzyna Włodarczyk, CFA 4 July 2019
Komercni banka 4 July 2018 Hold CZK 1,010 CZK 935.0 Kamil Stolarski, CFA 4 July 2019
OTP Bank 4 July 2018 Sell HUF 9,800 HUF 10,210 Kamil Stolarski, CFA 4 July 2019
Getin Noble Bank 4 July 2018 Hold PLN 1.00 PLN 1.00 Kamil Stolarski, CFA 4 July 2019
Millennium 4 July 2018 Sell PLN 7.60 PLN 8.02 Kamil Stolarski, CFA 4 July 2019
Handlowy 4 July 2018 Buy PLN 79.00 PLN 70.80 Kamil Stolarski, CFA 4 July 2019
Alior Bank 4 July 2018 Hold PLN 71.00 PLN 66.90 Kamil Stolarski, CFA 4 July 2019
ING Bank Slaski 4 July 2018 Hold PLN 187.00 PLN 179.00 Kamil Stolarski, CFA 4 July 2019
mBank 4 July 2018 Sell PLN 332.00 PLN 399.80 Kamil Stolarski, CFA 4 July 2019
BZ WBK 4 July 2018 Hold PLN 347.00 PLN 333.6 Kamil Stolarski, CFA 4 July 2019
PKO BP 4 July 2018 Hold PLN 38.00 PLN 36.99 Kamil Stolarski, CFA 4 July 2019
Cyfrowy Polsat 27 June 2018 Buy PLN 29.30 PLN 22.52 Łukasz Kosiarski 27 June 2019
Orange Polska 27 June 2018 Hold PLN 5.00 PLN 4.76 Łukasz Kosiarski 27 June 2019
Play Communications 27 June 2018 Sell PLN 24.90 PLN 26.12 Łukasz Kosiarski 27 June 2019
Dino Polska 21 June 2018 Buy PLN 145.00 PLN 100.5 Maria Mickiewicz 21 June 2019
JSW 18 June 2018 Hold PLN 95.40 PLN 86.60 Marcin Gątarz, CFA 18 June 2019
Bogdanka 18 June 2018 Buy PLN 72.20 PLN 53.60 Marcin Gątarz, CFA 18 June 2019
CCC 8 June 2018 Buy PLN 300.00 PLN 246.60 Maria Mickiewicz 8 June 2019
AAT Holding 5 June 2018 Not rated - - - 5 June 2019
Agora 5 June 2018 Not rated - - - 5 June 2019
MLP Group 5 June 2018 Not rated - - - 5 June 2019
Netia 5 June 2018 Not rated - - - 5 June 2019
Police 5 June 2018 Not rated - - - 5 June 2019
ZA Pulawy 5 June 2018 Not rated - - - 5 June 2019
Orange 5 June 2018 In transition  - - - 5 June 2019
Cyfrowy Polsat 5 June 2018 In transition  - - - 5 June 2019
Play Communications 5 June 2018 In transition  - - - 5 June 2019
Monnari 23 May 2018 Buy PLN 9.20 PLN 7.19 Maria Mickiewicz 23 May 2019
Lotos 22 May 2018 Hold PLN 57 PLN 56.80 Katarzyna Włodarczyk, CFA 22 May 2019
PKN Orlen 22 May 2018 Sell PLN 78.8 PLN 84.20 Katarzyna Włodarczyk, CFA 22 May 2019
Emperia Holding 21 May 2018 Not covered     Maria Mickiewicz 21 May 2019
GTC 18 May 2018 Buy PLN 11.20 PLN 8.73 Maria Mickiewicz 18 May 2019
11 Bit Studios 11 May 2018 Buy PLN 586.10 PLN 392.00 Łukasz Kosiarski 11 May 2019
Eurocash 10 May 2018 Hold PLN 25.10 PLN 23.64 Maria Mickiewicz 10 May 2019
Asseco Poland 29 March 2018 Sell PLN 41,20 PLN 47,16 Łukasz Kosiarski 29 March 2019
Benefit Systems 26 March 2018 Restricted       26 March 2019
Getback 12 March 2018 Restricted     Marcin Gątarz, CFA 12 March 2019
Alior Bank 9 March 2018 Hold PLN 81 PLN 76.01 Kamil Stolarski, CFA 9 March 2019
Ciech 8 March 2018 Buy PLN 65.00 PLN 55.90 Katarzyna Włodarczyk 8 March 2019
Grupa Azoty 8 March 2018 Buy PLN 67.30 PLN 56.30 Katarzyna Włodarczyk 8 March 2019
11 Bit Studios 7 March 2018 Buy PLN 250.50 PLN 210 Łukasz Kosiarski 7 March 2019
CD Projekt 7 March 2018 Buy PLN 138.70 PLN 106 Łukasz Kosiarski 7 March 2019
Robyg 5 March 2018 Not covered     Marcin Gątarz, CFA 5 March 2019
VRG 26 February 2018 Buy PLN 5.50 PLN 4.98 Maria Mickiewicz 26 February 2019
Monnari 26 February 2018 Buy PLN 10.30 PLN 9.18 Maria Mickiewicz 26 February 2019
LPP 26 February 2018 Hold PLN 9700.00 PLN 9400.00 Maria Mickiewicz 26 February 2019
CCC 26 February 2018 Buy PLN 330.00 PLN 266.20 Maria Mickiewicz 26 February 2019
Handlowy 15 February 2018 Hold PLN 82.00 PLN 83.70 Kamil Stolarski, CFA 15 February 2019
Alumetal 14 February 2018 Hold PLN 60.70 PLN 57.30 Marcin Gątarz, CFA 14 February 2019
mBank 9 February 2018 Sell PLN 362.00 PLN 485.20 Kamil Stolarski, CFA 9 February 2019
Komercni banka 9 February 2018 Buy CZK 1045.00 CZK 935.00 Kamil Stolarski, CFA 9 February 2019
Millenium 9 February 2018 Sell PLN 8.50 PLN 9.10 Kamil Stolarski, CFA 9 February 2019
BZ WBK 1 February 2018 Hold PLN 440.00 PLN 420.00 Kamil Stolarski, CFA 1 February 2019
ING Bank Slaski 1 February 2018 Sell PLN 199.00 PLN 220.00 Kamil Stolarski, CFA 1 February 2019
Ferro 26 January 2018 Buy PLN 21.90 PLN 16.90 Marcin Gątarz, CFA 26 January 2019
VRG 17 January 2018 Buy PLN 5.40 PLN 4.49 Maria Mickiewicz 17 January 2019
Monnari 17 January 2018 Buy PLN 10.60 PLN 8.67 Maria Mickiewicz 17 January 2019
LPP 17 January 2018 Hold PLN 9,800.00 PLN 9,700.00 Maria Mickiewicz 17 January 2019
CCC 17 January 2018 Buy PLN 341.00 PLN 295.00 Maria Mickiewicz 17 January 2019
Work Service 29 December 2017 Not rated - PLN 4.21 - 29 December 2018
Ronson 29 December 2017 Not rated - PLN 1.42 - 29 December 2018
GPW 29 December 2017 Not rated - PLN 46.99 - 29 December 2018
Amrest 29 December 2017 In transition  - PLN 410.00 - 29 December 2018
AAT Holding  29 December 2017 In transition  - PLN 20.00 - 29 December 2018
XTB 29 December 2017 In transition  - PLN 4.47 - 29 December 2018
ZA Pulawy 29 December 2017 In transition  - PLN 156.50 - 29 December 2018
ZCh Police 29 December 2017 In transition  - PLN 20.84 - 29 December 2018
Grupa Azoty 29 December 2017 In transition  - PLN 69.60 - 29 December 2018
Ciech 29 December 2017 In transition  - PLN 57.50 - 29 December 2018
ZE PAK 29 December 2017 In transition  - PLN 15.19 - 29 December 2018
Energa 29 December 2017 In transition  - PLN 12.73 - 29 December 2018
Enea 29 December 2017 In transition  - PLN 11.50 - 29 December 2018
Tauron PE 29 December 2017 In transition  - PLN 3.05 - 29 December 2018
PGE 29 December 2017 In transition  - PLN 12.05 - 29 December 2018
Echo Investment 13 December 2017 Buy PLN 6.50 PLN 4.68 Maria Mickiewicz 13 December 2018
Wirtualna Polska 12 December 2017 Buy PLN 53.80 PLN 45.99 Przemysław Sawala-Uryasz 12 December 2018
OTP Bank 11 December 2017 Buy HUF 11,700.00 HUF 10035.00 Kamil Stolarski, CFA 11 December 2018
Komercni banka 11 December 2017 Hold CZK 950.00 CZK 889.70 Kamil Stolarski, CFA 11 December 2018
Alior Bank 11 December 2017 Hold PLN 76.70 PLN 75.60 Kamil Stolarski, CFA 11 December 2018
Getin Noble Bank 11 December 2017 Hold PLN 1.50 PLN 1.48 Kamil Stolarski, CFA 11 December 2018
Millenium 11 December 2017 Sell PLN 8.10 PLN 8.39 Kamil Stolarski, CFA 11 December 2018
Handlowy 11 December 2017 Hold PLN 75.60 PLN 74.80 Kamil Stolarski, CFA 11 December 2018
ING Bank Slaski 11 December 2017 Sell PLN 197.00 PLN 204.05 Kamil Stolarski, CFA 11 December 2018
BZ WBK 11 December 2017 Buy PLN 402.00 PLN 365.00 Kamil Stolarski, CFA 11 December 2018
mBank 11 December 2017 Sell PLN 379.00 PLN 460.90 Kamil Stolarski, CFA 11 December 2018
PKO BP 11 December 2017 Buy PLN 46.00 PLN 42.02 Kamil Stolarski, CFA 11 December 2018
VRG 11 December 2017 Buy PLN 5.10 PLN 4.15 Maria Mickiewicz 11 December 2018
Monnari 11 December 2017 Buy PLN 10.50 PLN 8.42 Maria Mickiewicz 11 December 2018
LPP 11 December 2017 Hold PLN 8430.00 PLN 8345.90 Maria Mickiewicz 11 December 2018
Eurocash 11 December 2017 Hold PLN 29.50 PLN 27.05 Maria Mickiewicz 11 December 2018
Emperia Holding 11 December 2017 Sell PLN 81.10 PLN 99.60 Maria Mickiewicz 11 December 2018
CCC 11 December 2017 Buy PLN 304.00 PLN 260.00 Maria Mickiewicz 11 December 2018
Benefit Systems 11 December 2017 Hold PLN 1200.00 PLN 1116.00 Maria Mickiewicz 11 December 2018
KGHM 5 December 2017 Sell PLN 95.80 PLN 107.55 Marcin Gątarz, CFA 5 December 2018
Robyg 1 December 2017 Restricted - - Maria Mickiewicz 1 December 2018
Echo Investment 28 November 2017 In transition  - - Maria Mickiewicz 28 November 2018
Play Communications 22 November 2017 Hold PLN 39.05 PLN 37.1 Przemysław Sawala-Uryasz 22 November 2018
Astarta Holding  15 November 2017 Buy PLN 72.6 PLN 51 Marcin Gątarz, CFA 15 November 2018
Kernel Holding 6 November 2017 Hold PLN 51.7 PLN 48.25 Marcin Gątarz, CFA 6 November 2018
PKO BP 3 November 2017 In transition  - - Kamil Stolarski, CFA 3 November 2018
BZ WBK 3 November 2017 In transition  -   Kamil Stolarski, CFA 3 November 2018
mBank 3 November 2017 In transition  - - Kamil Stolarski, CFA 3 November 2018
ING Bank Slaski 3 November 2017 In transition  - - Kamil Stolarski, CFA 3 November 2018
Alior Bank 3 November 2017 In transition  - - Kamil Stolarski, CFA 3 November 2018
Handlowy 3 November 2017 In transition  - - Kamil Stolarski, CFA 3 November 2018
Millenium 3 November 2017 In transition  - - Kamil Stolarski, CFA 3 November 2018
PZU 3 November 2017 Not rated - -   3 November 2018
MLP Group 3 November 2017 Buy PLN 57.30 PLN 46.5 Maria Mickiewicz 3 November 2018
JSW 7 September 2017 Sell PLN 88.80 PLN 105.00 Łukasz Jakubowski 7 September 2018
GetBack 6 September 2017 Hold PLN 29.20 PLN 27.10 Marcin Gątarz, CFA 6 September 2018
UNIWHEELS 11 August 2017 Not rated - - - 11 August 2018
Gino Rossi 11 August 2017 Not rated - - - 11 August 2018
Stalprodukt 11 August 2017 In transition  - - - 11 August 2018
PKN Orlen 11 August 2017 In transition  - - - 11 August 2018
PGNiG 11 August 2017 In transition  - - - 11 August 2018
KGHM 11 August 2017 In transition  - - - 11 August 2018
Amica 11 August 2017 In transition  - - - 11 August 2018
Alumetal 11 August 2017 In transition  - - - 11 August 2018
ZA Pulawy 5 July 2017 Buy PLN 193.50 PLN 160.00 Łukasz Jakubowski 5 July 2018
ZCh Police 5 July 2017 Hold PLN 21.30 PLN 20.30 Łukasz Jakubowski 5 July 2018
Grupa Azoty 5 July 2017 Buy PLN 75.30 PLN 63.40 Łukasz Jakubowski 5 July 2018
Cyfrowy Polsat 29 June 2017 Hold PLN 24.34 PLN 24.14 Przemysław Sawala-Uryasz 29 June 2018
Echo Investment 22 June 2017 Buy PLN 7.10 PLN 5.44 Maria Mickiewicz 22 June 2018
Monnari 15 May 2017 Hold PLN 9.40 PLN 9.05 Maria Mickiewicz 15 May 2018
VRG 15 May 2017 Buy PLN 3.75 PLN 3.18 Maria Mickiewicz 15 May 2018
OTP Bank 28 April 2017 Not rated - -   28 April 2018
Komercni banka 28 April 2017 Not rated - -   28 April 2018
Mgyar Telecom 28 April 2017 Not rated - -   28 April 2018
CEZ 28 April 2017 Not rated - -   28 April 2018
Gedeon Richter 28 April 2017 Not rated - -   28 April 2018
OMV Petrom 28 April 2017 Not rated - -   28 April 2018
MOL 28 April 2017 Not rated - -   28 April 2018
Valamar Riviera 28 April 2017 Not rated - -   28 April 2018
Podravka 28 April 2017 Not rated - -   28 April 2018
Atlantic Grupa 28 April 2017 Not rated - -   28 April 2018
T-Hrvatski Telekom 28 April 2017 Not rated - -   28 April 2018
Adris Group 28 April 2017 Not rated - -   28 April 2018
Ferro 26 April 2017 Buy PLN 16.70 PLN 14.50 Tomasz Kuciński, CFA 26 April 2018
Eurocash 25 April 2017 Buy PLN 38.30 PLN 32.30 Maria Mickiewicz 25 April 2018
Emperia Holding 25 April 2017 Hold PLN 78.80 PLN 74.10 Maria Mickiewicz 25 April 2018
Bogdanka 5 April 2017 Hold PLN 81.80 PLN 74.90 Łukasz Jakubowski 5 April 2018
Mabion 31 March 2017 Buy PLN 153.38 PLN 111.00 Przemysław Sawala-Uryasz 31 March 2018
GTC 29 March 2017 Buy PLN 9.55 PLN 8.35 Maria Mickiewicz 29 March 2018
Alior Bank 27 March 2017 Buy PLN 83.00 PLN 74.17 Marcin Gątarz, CFA 27 March 2018
Bank Millennium 27 March 2017 Sell PLN 5.60 PLN 6.58 Marcin Gątarz, CFA 27 March 2018
Bank Handlowy 27 March 2017 Buy PLN 89.00 PLN 79.37 Marcin Gątarz, CFA 27 March 2018
mBank 27 March 2017 Sell PLN 338.00 PLN 399.80 Marcin Gątarz, CFA 27 March 2018
ING Bank Slaski 27 March 2017 Hold PLN 185.00 PLN 176.30 Marcin Gątarz, CFA 27 March 2018
BZ WBK 27 March 2017 Hold PLN 356.00 PLN 344.50 Marcin Gątarz, CFA 27 March 2018
PKO BP 27 March 2017 Hold PLN 33.60 PLN 33.28 Marcin Gątarz, CFA 27 March 2018
KGHM 27 March 2017 Sell PLN 106.60 PLN 120.00 Tomasz Kuciński, CFA 27 March 2018
LPP 20 March 2017 Sell PLN 4,960.00 PLN 6,731.55 Maria Mickiewicz 20 March 2018
CCC 20 March 2017 Hold PLN 260.00 PLN 243.90 Maria Mickiewicz 20 March 2018
Alior Bank 14 March 2017 Buy PLN 83.00 PLN 73.00 Marcin Gątarz, CFA 14 March 2018
Ciech 22 February 2017 Sell PLN 64.50 PLN 74.50 Łukasz Jakubowski 22 February 2018
Kety 17 February 2017 Sell PLN 403.40 PLN 424.60 Tomasz Kuciński, CFA 17 February 2018
Kernel Holding 14 February 2017 Hold PLN 81.30 PLN 78.95 Marcin Gątarz, CFA 14 February 2018
Astarta Holding  14 February 2017 Buy PLN 81.20 PLN 61.63 Marcin Gątarz, CFA 14 February 2018
LPP 6 February 2017 Sell PLN 4,450.00  PLN 5,218.00 Maria Mickiewicz 6 February 2018
Valamar Riviera 2 February 2017 Buy HRK 48.20 HRK 39.30 Luka Grgić, Ivana Blašković, CFA 2 February 2018
Asseco Poland 17 January 2017 Hold PLN 57.83 PLN 57.52 Przemysław Sawala-Uryasz 17 January 2018
Enea 10 January 2017 Hold PLN 10.20 PLN 9.61 Łukasz Jakubowski 10 January 2018
Energa 10 January 2017 Hold PLN 9.40 PLN 9.21 Łukasz Jakubowski 10 January 2018
Tauron PE 10 January 2017 Buy PLN 4.00 PLN 2.88 Łukasz Jakubowski 10 January 2018
PGE 10 January 2017 Hold PLN 11.00 PLN 10.42 Łukasz Jakubowski 10 January 2018
Gedeon Richter 21 December 2016 Hold HUF 6,300 HUF 6,111 Helena Naffa, PhD 21 December 2017
UNIWHEELS 19 December 2016 Buy PLN 249.3 PLN 211.4 Tomasz Kuciński, CFA 19 December 2017
Eurocash 13 December 2016 Buy PLN 44.10 PLN 37.57 Maria Mickiewicz 13 December 2017
Benefit Systems 13 December 2016 Buy PLN 840.00 PLN 699.00 Maria Mickiewicz 13 December 2017
PKN Orlen 13 December 2016 Hold PLN 83.00 PLN 81.41 Helena Naffa, PhD 13 December 2017
Wirtualna Polska 1 December 2016 Restricted - - - 1 December 2017
Stalprodukt 30 November 2016 Buy PLN 723.5 PLN 424.6 Tomasz Kuciński, CFA 30 November 2017
XTB 29 November 2016 Buy PLN 12.50 PLN 8.20 Marcin Gątarz, CFA 29 November 2017
VRG 25 November 2016 Buy PLN 4.10 PLN 3.36 Maria Mickiewicz 25 November 2017
Monnari 25 November 2016 Hold PLN 10.30 PLN 9.50 Maria Mickiewicz 25 November 2017
Netia 24 November 2016 Hold PLN 4.91 PLN 4.54 Przemysław Sawala-Uryasz 24 November 2017
PKP Cargo 10 November 2016 In transition  - - - 10 November 2017
CCC 9 November 2016 Hold PLN 203.00 PLN 190.70 Maria Mickiewicz 9 November 2017
LPP 9 November 2016 Sell PLN 5,030 PLN 5664.75 Maria Mickiewicz 9 November 2017
Alumetal 8 November 2016 Buy PLN 66.90 PLN 58.49 Tomasz Kuciński, CFA 8 November 2017
Wirtualna Polska 4 November 2016 Buy PLN 60.58 PLN 53.90 Przemysław Sawala-Uryasz 4 November 2017
Wirtualna Polska 4 November 2016 Buy PLN 60.58 PLN 53.90 Przemysław Sawala-Uryasz 4 November 2017
Orange Polska 2 November 2016 Buy PLN 7.86 PLN 5.49 Przemysław Sawala-Uryasz 2 November 2017
Ronson 31 October 2016 In transition  - - - 31 October 2017
Gino Rossi 31 October 2016 In transition  - - - 31 October 2017
LC Corp 31 October 2016 In transition  - - - 31 October 2017
ZE PAK 19 October 2016 Hold PLN 11.70 PLN 10.70 Łukasz Jakubowski 19 October 2017
Alior Bank 18 October 2016 Buy PLN 59.00 PLN 47.00 Marcin Gątarz, CFA 18 October 2017
Bank Millennium 18 October 2016 Sell PLN 5.40 PLN 5.77 Marcin Gątarz, CFA 18 October 2017
Bank Handlowy 18 October 2016 Hold PLN 79.00 PLN 76.01 Marcin Gątarz, CFA 18 October 2017
mBank 18 October 2016 Sell PLN 318.00 PLN 343.00 Marcin Gątarz, CFA 18 October 2017
BZ WBK 18 October 2016 Hold PLN 326.00 PLN 317.00 Marcin Gątarz, CFA 18 October 2017
ING Bank Slaski 18 October 2016 Hold PLN 151.00 PLN 145.00 Marcin Gątarz, CFA 18 October 2017
PKO BP 18 October 2016 Hold PLN 27.00 PLN 25.32 Marcin Gątarz, CFA 18 October 2017
KGHM 14 October 2016 Sell PLN 69.90 PLN 73.20 Tomasz Kuciński, CFA 14 October 2017
Agora 4 October 2016 Buy PLN 11.96 PLN 10.25 Przemysław Sawala-Uryasz 4 October 2017
OMV Petrom 3 October 2016 Buy RON 0.320 RON 0.245 Helena Naffa, PhD 3 October 2017
MOL 3 October 2016 Buy HUF 19,200 HUF 17,275 Helena Naffa, PhD 3 October 2017
PGNiG 3 October 2016 Hold PLN 5.40 PLN 5.15 Helena Naffa, PhD 3 October 2017
Stalprodukt 27 September 2016 Hold PLN 424.60 PLN 415.00 Tomasz Kuciński, CFA 27 September 2017
AB S.A. 26 September 2016 Hold PLN 40.06 PLN 35.50 Przemysław Sawala-Uryasz 26 September 2017
JSW 7 September 2016 Hold PLN 51.00 PLN 46.91 Łukasz Jakubowski 7 September 2017
ABC Data 26 August 2016 Not rated - - Przemysław Sawala-Uryasz 26 August 2017
Kino Polska 26 August 2016 Not rated - - Przemysław Sawala-Uryasz 26 August 2017
Grupa Azoty 23 August 2016 Sell PLN 63.10 PLN 68.65 Łukasz Jakubowski 23 August 2017
ZA Pulawy 23 August 2016 Sell PLN 195.60 PLN 210.10 Łukasz Jakubowski 23 August 2017
ZCh Police 23 August 2016 Hold PLN 20.20 PLN 20.00 Łukasz Jakubowski 23 August 2017
CEZ 12 August 2016 In transition  - - - 12 August 2017
Magyar Telekom 12 August 2016 In transition  - - - 12 August 2017
Gedeon Richter 12 August 2016 In transition  - - - 12 August 2017
UNIWHEELS 11 August 2016 Buy PLN 206.20 PLN 175.25 Tomasz Kuciński, CFA 11 August 2017
Action S.A. 29 July 2016 Not rated - - Przemysław Sawala-Uryasz 29 July 2017
Amica 21 July 2016 Buy PLN 216.20 PLN 185.00 Tomasz Kuciński, CFA 21 July 2017
Kety 13 July 2016 Buy PLN 372.00 PLN 316.70 Tomasz Kuciński, CFA 13 July 2017
JSW 7 July 2016 Hold PLN 20.30 PLN 18.76 Łukasz Jakubowski 7 July 2017
Alior Bank 29 June 2016 Buy PLN 61.00 PLN 49.52 Marcin Gątarz, CFA 29 June 2017
AAT Holding  23 June 2016 Buy PLN 32.40 PLN19.68 Tomasz Kuciński, CFA 23 June 2017
XTB 21 June 2016 Buy PLN 17.50 PLN 13.75 Małgorzata Kloka, CFA 21 June 2017
Cyfrowy Polsat 17 June 2016 Buy PLN 24.00 PLN 20.13 Przemysław Sawala-Uryasz 17 June 2017
Stalprodukt 2 June 2016 Buy  PLN 364.30 PLN 305.60 Tomasz Kuciński, CFA 2 June 2017
Robyg 1 June 2016 Buy  PLN 3.80 PLN 3.10 Małgorzata Kloka, CFA 1 June 2017
Emperia Holding 31 May 2016 Buy  PLN 69.00 PLN 56.40 Małgorzata Kloka, CFA 31 May 2017
Eurocash 31 May 2016 Hold PLN 50.50 PLN 50.05 Małgorzata Kloka, CFA 31 May 2017
Astarta 30 May 2016 Buy PLN 58.80 PLN 40.10 Marcin Gątarz, CFA 30 May 2017
Ferro 20 May 2016 Buy PLN 13.80 PLN 10.90 Tomasz Kuciński, CFA 20 May 2017
Alumetal 18 May 2016 Buy PLN 64.80 PLN 52.90 Tomasz Kuciński, CFA 18 May 2017
Bank Handlowy 17 May 2016 Hold PLN 79.00 PLN 74.50 Marcin Gątarz, CFA 17 May 2017
LPP 16 May 2016 Sell PLN 4,500 PLN 4,875 Małgorzata Kloka, CFA 16 May 2017
Amrest 11 May 2016 Buy PLN 260.00 PLN 220.10 Małgorzata Kloka, CFA 11 May 2017
Wirtualna Polska 18 April 2016 Buy PLN 52.69 PLN 44.00 Przemysław Sawala-Uryasz 18 April 2017
UNIWHEELS 14 April 2016 Hold PLN 148.90 PLN 147.95 Tomasz Kuciński, CFA 14 April 2017
Alumetal 14 April 2016 Buy PLN 56.50 PLN 48.50 Tomasz Kuciński, CFA 14 April 2017
Bogdanka 31 March 2016 Hold PLN 41.70 PLN 38.35 Łukasz Jakubowski 31 March 2017
Enea 31 March 2016 Sell PLN 10.60 PLN 11.85 Łukasz Jakubowski 31 March 2017
Alior Bank 22 March 2016 Hold PLN 70.00 PLN 68.89 Marcin Gątarz, CFA 22 March 2017
Bank Millennium 22 March 2016 Sell PLN 5.10 PLN 5.93 Marcin Gątarz, CFA 22 March 2017
Bank Handlowy 22 March 2016 Hold PLN 87.00 PLN 85.00 Marcin Gątarz, CFA 22 March 2017
PKO BP 22 March 2016 Buy PLN 30.00 PLN 27.41 Marcin Gątarz, CFA 22 March 2017
BZ WBK 22 March 2016 Hold PLN 303.00 PLN 294.20 Marcin Gątarz, CFA 22 March 2017
ING Bank Slaski 22 March 2016 Sell PLN 113.00 PLN 123.00 Marcin Gątarz, CFA 22 March 2017
mBank 22 March 2016 Sell PLN 323.00 PLN 342.05 Marcin Gątarz, CFA 22 March 2017
MLP Group 18 March 2016 Buy PLN 43.90 PLN 37.80 Małgorzata Kloka, CFA 18 March 2017
Kernel Holding 7 March 2016 Buy PLN 65.90 PLN 52.24 Marcin Gątarz, CFA 7 March 2017
Kety 23 February 2016 Buy PLN 337.90 PLN 286.00 Tomasz Kuciński, CFA 22 February 2017
Ciech 19 February 2016 Hold PLN 86.00 PLN 79.50 Łukasz Jakubowski 18 February 2017
KGHM 10 February 2016 Sell PLN 46.00 PLN 58.90 Tomasz Kuciński, CFA 9 February 2017
Monnari 5 February 2016 Buy PLN 20.00 PLN 14.00 Małgorzata Kloka, CFA 4 February 2017
Amica 20 January 2016 Buy PLN 193.00 PLN 157.00 Tomasz Kuciński, CFA 19 January 2017
Robyg 18 January 2016 Buy PLN 3.50 PLN 2.89 Małgorzata Kloka, CFA 17 January 2017
Echo Investment 30 December 2015 Not rated - - - 29 December 2016
Fortuna Entertainment Group 30 December 2015 Not rated - - - 29 December 2016
Energa 14 December 2015 Sell PLN 11.60 PLN 11.95 Łukasz Jakubowski 13 December 2016
Tauron PE 14 December 2015 Sell PLN 2.40 PLN 2.63 Łukasz Jakubowski 13 December 2016
PGE 14 December 2015 Sell PLN 11.70 PLN 12.20 Łukasz Jakubowski 13 December 2016
Alumetal 14 December 2015 Buy PLN 57.10 PLN 45.00 Tomasz Kuciński, CFA 13 December 2016
Asseco Poland 14 December 2015 Hold PLN 57.70 PLN 55.53 Przemysław Sawala-Uryasz 13 December 2016
LPP 10 December 2015 Sell PLN 5,500 PLN 5,655.85 Małgorzata Kloka, CFA 9 December 2016
Amrest 10 December 2015 Buy PLN 220.00 PLN 191.00 Małgorzata Kloka, CFA 9 December 2016
Stalprodukt 30 November 2015 Buy PLN 373.00 PLN 314.00 Tomasz Kuciński, CFA 29 November 2016
PKO BP 27 November 2015 Hold PLN 28.00 PLN 26.93 Marcin Gątarz, CFA 26 November 2016
Alior Bank 27 November 2015 Hold PLN 75.00 PLN 71.60 Marcin Gątarz, CFA 26 November 2016
Bank Handlowy 27 November 2015 Buy PLN 79.00 PLN 67.50 Marcin Gątarz, CFA 26 November 2016
Bank Millennium 27 November 2015 Sell PLN 4.80 PLN 5.23 Marcin Gątarz, CFA 26 November 2016
ING Bank Slaski 27 November 2015 Hold PLN 121.00 PLN 115.00 Marcin Gątarz, CFA 26 November 2016
BZ WBK 27 November 2015 Hold PLN 278.00 PLN 265.85 Marcin Gątarz, CFA 26 November 2016
mBank 27 November 2015 Sell PLN 290.00 PLN 311.15 Marcin Gątarz, CFA 26 November 2016
Netia 19 November 2015 Hold PLN 5.49 PLN 5.41 Przemysław Sawala-Uryasz 18 November 2016
PKN Orlen 19 November 2015 Restricted - - - 18 November 2016
PKP Cargo 19 November 2015 Restricted - - - 18 November 2016
GTC 16 November 2015 Hold PLN 7.20 PLN 7.15 Małgorzata Kloka, CFA 15 November 2016
AAT Holding  12 November 2015 Buy PLN 33.30 PLN 23.69 Marcin Gątarz, CFA 11 November 2016
Exillon Energy 6 November 2015 Not rated - - - 5 November 2016
Kopex 6 November 2015 Not rated - - - 5 November 2016
KRKA 6 November 2015 Not rated - - - 5 November 2016
Milkiland 6 November 2015 Not rated - - - 5 November 2016
New World Resources 6 November 2015 Not rated - - - 5 November 2016
Polimex 6 November 2015 Not rated - - - 5 November 2016
Polnord 6 November 2015 Not rated - - - 5 November 2016
Orange Polska 29 October 2015 Buy PLN 8.34 PLN 7.00 Przemysław Sawala-Uryasz 28 October 2016
ZE PAK 16 October 2015 Hold PLN 14.80 PLN 13.60 Łukasz Jakubowski 15 October 2016
Amica 8 October 2015 Buy PLN 199.00 PLN 159.00 Tomasz Kuciński, CFA 7 October 2016
Kernel Holding 6 October 2015 Buy PLN 59.60 PLN 44.11 Marcin Gątarz, CFA 5 October 2016
TVN 5 October 2015 Not rated - - - 4 October 2016
Kety 29 September 2015 Hold PLN 307.00 PLN 283.00 Tomasz Kuciński, CFA 28 September 2016
Monnari 28 September 2015 Buy PLN 23.00 PLN 16.70 Małgorzata Kloka, CFA 27 September 2016
Gino Rossi 28 September 2015 Hold PLN 2.80 PLN 2.58 Małgorzata Kloka, CFA 27 September 2016
MLP Group 14 September 2015 Buy PLN 40.10 PLN 32.48 Małgorzata Kloka, CFA 13 September 2016
Energa 9 September 2015 Buy PLN 22.80 PLN 18.60 Łukasz Jakubowski 8 September 2016
LPP 25 August 2015 Sell PLN 6,100 PLN 7,000 Małgorzata Kloka, CFA 24 August 2016
Benefit Systems 11 August 2015 Buy PLN 520.0 PLN 442.00 Małgorzata Kloka, CFA 10 August 2016
VRG 31 July 2015 Buy PLN 2.80 PLN 2.40 Małgorzata Kloka, CFA 30 July 2016
Amrest 21 July 2015 Hold PLN 175.00 PLN 169.90 Małgorzata Kloka, CFA 20 July 2016
PGE 16 July 2015 Hold PLN 17.60 PLN 17.53 Łukasz Jakubowski 15 July 2016
Tauron PE 16 July 2015 Hold PLN 4.60 PLN 4.22 Łukasz Jakubowski 15 July 2016
Bogdanka 6 July 2015 Hold PLN 61.00 PLN 57.20 Marcin Gątarz, CFA 5 July 2016
CCC 19 June 2015 Hold PLN 180.00 PLN 176.15 Małgorzata Kloka, CFA 18 June 2016
Ferro 18 June 2015 Buy PLN 13.50 PLN 10.89 Marcin Gątarz, CFA 17 June 2016
Alumetal S.A. 18 June 2015 Hold PLN 56.10 PLN 52.85 Marcin Gątarz, CFA 17 June 2016
Wirtualna Polska 16 June 2015 Buy PLN 41.81 PLN 34.55 Przemysław Sawala-Uryasz 15 June 2016
Jastrzebska Spolka Weglowa 8 June 2015 Sell PLN 10.30 PLN 13.52 Marcin Gątarz, CFA 7 June 2016
Astarta 27 May 2015 Buy PLN 40.10 PLN 25.88 Marcin Gątarz, CFA 26 May 2016
PGNiG 26 May 2015 Sell PLN 5.00 PLN 6.50 Helena Naffa, PhD; Flawiusz Pawluk 25 May 2016
LPP 18 May 2015 Sell PLN 65.00 PLN 7,840 Małgorzata Kloka, CFA 17 May 2016
PKP Cargo 13 May 2015 Buy PLN 95.00 PLN 85.28 Marcin Gątarz, CFA 12 May 2016
Amrest 6 May 2015 Buy PLN 152.00 PLN 131.40 Małgorzata Kloka, CFA 5 May 2016
VRG 5 May 2015 Hold PLN 2.40 PLN 2.20 Małgorzata Kloka, CFA 4 May 2016
ZCh Police 16 April 2015 Sell PLN 17.90 PLN 23.80 Łukasz Jakubowski 15 April 2016
ZA Pulawy 16 April 2015 Buy PLN 234.50 PLN 150.30 Łukasz Jakubowski 15 April 2016
Grupa Azoty 16 April 2015 Sell PLN 67.00 PLN 87.60 Łukasz Jakubowski 15 April 2016
Polnord 2 April 2015 CiT - - - 1 April 2016
Global City Holdings 2 April 2015 Not rated - - - 1 April 2016
Valamar Riviera 2 April 2015 Buy HKR 25.90 HRK 19.08 Ana Matić, Ivana Blašković, CFA 1 April 2016
PKO BP 31 March 2015 CiT - - - 30 March 2016
BZ WBK 31 March 2015 CiT - - - 30 March 2016
mBank 31 March 2015 CiT - - - 30 March 2016
Getin Noble Bank 31 March 2015 CiT - - - 30 March 2016
Bank Handlowy 31 March 2015 CiT - - - 30 March 2016
Bank Millennium 31 March 2015 CiT - - - 30 March 2016
ING Bank Slaski 31 March 2015 CiT - - - 30 March 2016
Alior Bank 31 March 2015 CiT - - - 30 March 2016
PZU 31 March 2015 CiT - - - 30 March 2016
Warsaw Stock Exchange 31 March 2015 CiT - - - 30 March 2016
Komercni banka 31 March 2015 CiT - - - 30 March 2016
OTP Bank 31 March 2015 CiT - - - 30 March 2016
Podravka 25 March 2015 Buy HRK 398.96 HRK 294.84 Nikolina Medic, CFA 24 March 2016
Bogdanka 19 March 2015 Hold PLN 86.00 PLN 82.50 Marcin Gątarz, CFA 18 March 2016
Ciech 17 March 2015 Buy PLN 62.40 PLN 52.80 Łukasz Jakubowski 16 March 2016
Robyg 12 March 2015 Hold PLN 2.50 PLN 2.33 Małgorzata Kloka, CFA 11 March 2016
Ronson 12 March 2015 Buy PLN 1.80 PLN 1.41 Małgorzata Kloka, CFA 11 March 2016
LC Corp 12 March 2015 Buy PLN 2.45 PLN 1.95 Małgorzata Kloka, CFA 11 March 2016
Fortuna Entertainment Group 9 March 2015 Hold CZK 109.00 CZK 104.50 Małgorzata Kloka, CFA 8 March 2016
Kernel Holding 4 March 2015 Buy PLN 43.60 PLN 31.82 Marcin Gątarz, CFA 3 March 2016
Action S.A. 3 March 2015 Hold PLN 56.60 PLN 52.95 Przemysław Sawala-Uryasz 2 March 2016
ABC Data 3 March 2015 Hold PLN 3.81 PLN 3.50 Przemysław Sawala-Uryasz 2 March 2016
AB S.A. 3 March 2015 Buy PLN 47.10 PLN 38.50 Przemysław Sawala-Uryasz 2 March 2016
Monnari 19 February 2015 Buy PLN 19.00 PLN 13.69 Małgorzata Kloka, CFA 19 February 2016
Astarta 17 February 2015 Hold PLN 27.80 PLN 25.00 Marcin Gątarz, CFA 17 February 2016
Kernel Holding 17 February 2015 Hold PLN 36.60 PLN 31.50 Marcin Gątarz, CFA 17 February 2016
Milkiland 17 February 2015 CiT - - - 17 February 2016
OMV Petrom 17 February 2015 Buy RON 0.45 RON 0.378 Helena Naffa, PhD 17 February 2016
Ovostar Union N.V. 17 February 2015 Hold PLN 78.00 PLN 70.79 Marcin Gątarz, CFA 17 February 2016
Agora 4 February 2015 Buy PLN 12.50 PLN 9.18 Przemysław Sawala-Uryasz 4 February 2016
Alior Bank 29 January 2015 Buy PLN 95.00 PLN 84.73 Robert Brzoza 29 January 2016
KGHM 28 January 2015 Hold PLN 108.00 PLN 102.75 Marcin Gątarz, CFA 28 January 2016
MOL 28 January 2015 Hold HUF 11,330 HUF 11,300 Helena Naffa, PhD 28 January 2016
ZE PAK 19 December 2014 Buy PLN 33.70      
Cyfrowy Polsat 10 December 2014 Hold PLN 26      
Bogdanka 9 December 2014 Buy PLN 123      
Jastrzebska Spolka Weglowa 9 December 2014 Sell PLN 17.5      
Kopex 9 December 2014 Hold PLN 11.5      
PKN Orlen 8 December 2014 Buy PLN 56.7      
TVN 25 November 2014 Hold PLN 16.78      
Ciech 24 November 2014 Buy PLN 51.8      
Amrest 19 November 2014 Buy PLN 124      
ENEA 19 November 2014 Buy PLN 20.4      
Work Service 14 November 2014 Hold PLN 19.3      
Gino Rossi 6 November 2014 Buy PLN 4.1      
Kety 6 November 2014 Hold PLN 300      
Monnari 6 November 2014 Buy PLN 13.1      
VRG 6 November 2014 Buy PLN 2.2      
Energa 3 November 2014 Hold PLN 24.6      
Fortuna Entertainment Group 3 November 2014 Buy CZK 149      
Kino Polska 29 October 2014 Buy PLN 14.5      
Grupa Azoty 9 October 2014 Sell PLN 55.4      
LPP 6 October 2014 Hold PLN 9500      
Astarta 26 September 2014 Hold PLN 45      
Exillon Energy 18 September 2014 CiT -      
Tauron PE 11 September 2014 Sell PLN 4.62      
Alior Bank 10 September 2014 Buy PLN 95      
Bank Handlowy 10 September 2014 Hold PLN 125      
Bank Millennium 10 September 2014 Buy PLN 9.6      
BZ WBK 10 September 2014 Sell PLN 375      
Getin Noble Bank 10 September 2014 Buy PLN 3.1      
ING Bank Slaski 10 September 2014 Hold PLN 153      
Komercni banka 10 September 2014 Hold CZK 5200      
mBank 10 September 2014 Hold PLN 516      
OTP Bank 10 September 2014 Hold HUF 4600      
PKO BP 10 September 2014 Hold PLN 43      
Netia 5 September 2014 Sell PLN 5.31      
Action S.A. 3 September 2014 Buy PLN 51.56      
Orange Polska 27 August 2014 Hold PLN 11.05      
Alumetal S.A. 26 August 2014 Buy PLN 47      
PGE 19 August 2014 Hold PLN 24      
Echo Investment 13 August 2014 Buy PLN 7.4      
GTC 13 August 2014 Hold PLN 7.5      
MLP Group 13 August 2014 Buy PLN 34.7      
ZE PAK 12 August 2014 Buy PLN 33      
Warsaw Stock Exchange 5 August 2014 Buy PLN 40      
PZU 31 July 2014 Buy PLN 527      
CEZ 21 July 2014 Hold CZK 622      
PGE 21 July 2014 Hold PLN 20      
PKP Cargo 17 July 2014 Hold PLN 81      
Work Service 17 July 2014 Buy PLN 16.5      
Netia 2 July 2014 Restricted -      
PGE 2 July 2014 Restricted -      
Cyfrowy Polsat 26 June 2014 Buy PLN 26      
CCC 25 June 2014 Hold PLN 124      
LPP 25 June 2014 Buy PLN 10400      
Netia 20 June 2014 Hold PLN 5.21      
Atlantic Grupa 18 June 2014 Hold HRK 927.4      
Ferro 2 June 2014 Buy PLN 14.3      
ABC Data 22 May 2014 Buy PLN 5.1      
Kino Polska 19 May 2014 Sell PLN 17.7      
Amrest 13 May 2014 Buy PLN 99      
MOL 13 May 2014 Hold HUF 13100      
PGE 29 April 2014 Hold PLN 20      
Robyg 22 April 2014 Buy PLN 3.22      
Bogdanka 17 April 2014 Buy PLN 138      
Jastrzebska Spolka Weglowa 17 April 2014 Sell PLN 39      
New World Resources 17 April 2014 CiT -      
ZE PAK 10 April 2014 Hold PLN 25.4      
Ciech 7 April 2014 Hold PLN 36.5      
Energa 4 April 2014 Buy PLN 21.8      
Emperia Holding 1 April 2014 Buy PLN 73      
Eurocash 1 April 2014 Hold PLN 42      
Alior Bank 31 March 2014 Buy PLN 98      
Bank Handlowy 31 March 2014 Buy PLN 127      
Bank Millennium 31 March 2014 Hold PLN 9.5      
BZ WBK 31 March 2014 Sell PLN 386      
Getin Noble Bank 31 March 2014 Hold PLN 3.4      
ING Bank Slaski 31 March 2014 Buy PLN 154      
Komercni banka 31 March 2014 Hold CZK 5100      
mBank 31 March 2014 Hold PLN 534      
OTP Bank 31 March 2014 Buy HUF 4700      
PKO BP 31 March 2014 Hold PLN 44      
Polnord 28 March 2014 Buy PLN 9.7      
Open Finance 24 February 2014 Buy PLN 19      
Atlantic Grupa 21 February 2014 Buy HRK 880.68      
TVN 18 February 2014 Sell PLN 15.4      
Orange Polska 13 February 2014 Hold PLN 10.7      
PGNiG 13 February 2014 Hold PLN 5.36      
Amrest 12 February 2014 Hold PLN 95      
Kino Polska 12 February 2014 Hold PLN 27.6      
T-Hrvatski Telekom 12 February 2014 Buy HRK 217.16      
KGHM 11 February 2014 Hold PLN 111      
Gedeon Richter 10 February 2014 Hold HUF 4050      
LPP 31 January 2014 Buy PLN 11000      
MLP Group 22 January 2014 Buy PLN 33.6      
Ferro 16 January 2014 Hold PLN 12      
Energa 13 January 2014 Buy PLN 17.9      
PZU 8 January 2014 Buy PLN 492      
Asseco Poland 10 December 2013 Hold PLN 49.6      
Cyfrowy Polsat 10 December 2013 Buy PLN 24.5      
PKN Orlen 10 December 2013 Buy PLN 52.1      
Bank Millennium 9 December 2013 Buy PLN 8.6      
Getin Noble Bank 9 December 2013 Buy PLN 3.1      
PKP Cargo 9 December 2013 Buy PLN 95      
Kernel Holding 2 December 2013 Buy PLN 54      
Bogdanka 12 November 2013 Buy PLN 153      
Fortuna Entertainment Group 12 November 2013 Buy CZK 141      
OMV Petrom 8 November 2013 Buy RON 0.58      
CCC 6 November 2013 Sell PLN 113      
Gedeon Richter 6 November 2013 Restricted HUF 4154      
MOL 4 November 2013 Buy HUF 19434      
Open Finance 29 October 2013 Buy PLN 22.1      
Robyg 29 October 2013 Buy PLN 2.78      
Orange Polska 24 October 2013 Buy PLN 10.5      
MOL 22 October 2013 Restricted -      
Arctic Paper 21 October 2013 Not rated -      
Alior Bank 18 October 2013 Sell PLN 67      
Ovostar Union N.V. 18 October 2013 Hold PLN 108      
LC Corp 16 October 2013 Buy PLN 2.03      
Magyar Telekom 8 October 2013 Hold HUF 330      
Alior Bank 11 September 2013 Buy PLN 94      
Bank Handlowy 11 September 2013 Sell PLN 86      
Bank Millennium 11 September 2013 Buy PLN 7      
BZ WBK 11 September 2013 Hold PLN 287      
Getin Noble Bank 11 September 2013 Buy PLN 2.4      
ING Bank Slaski 11 September 2013 Sell PLN 88      
Komercni banka 11 September 2013 Hold CZK 4400      
mBank 11 September 2013 Sell PLN 362      
OTP Bank 11 September 2013 Hold HUF 4700      
PKO BP 11 September 2013 Buy PLN 39      
Tauron PE 11 September 2013 Sell PLN 4.04      
LPP 3 September 2013 Hold PLN 8400      
Orange Polska 21 August 2013 Buy PLN 8.13      
PKN Orlen 22 July 2013 Sell PLN 41.9      
Warsaw Stock Exchange 19 July 2013 Buy PLN 44      
PGE 18 July 2013 Sell PLN 12      
Jastrzebska Spolka Weglowa 16 July 2013 Sell PLN 62      
New World Resources 16 July 2013 Sell CZK 16      
Exillon Energy 8 July 2013 Buy GBp 278      
Echo Investment 3 July 2013 Buy PLN 8      
PZU 3 July 2013 Buy PLN 443      
Robyg 25 June 2013 Buy PLN 2.08      
Gedeon Richter 20 June 2013 Buy HUF 4154      
Gedeon Richter 20 June 2013 Buy HUF 41.539      
Gedeon Richter 20 June 2013 Buy HUF 41539      
Milkiland 13 June 2013 Hold PLN 13.3      
PZU 11 June 2013 Hold PLN 443      
Asseco Poland 6 June 2013 Buy PLN 46.8      
Kino Polska 4 June 2013 Buy PLN 19.6      
Agora 31 May 2013 Hold PLN 8.5      
Cyfrowy Polsat 29 May 2013 Hold PLN 20.3      
Kety 28 May 2013 Hold PLN 165      
New World Resources 28 May 2013 Sell CZK 31      
PGNiG 28 May 2013 Hold PLN 6.3      
PKN Orlen 28 May 2013 Restricted -      
Pulawy 22 May 2013 Not rated -      
MOL 21 May 2013 Buy HUF 19434      
CEZ 13 May 2013 Buy CZK 618      
Asseco Poland 7 May 2013 Hold PLN 48.3      
CEDC 7 May 2013 Not rated -      
Central European Media Enterprises 7 May 2013 Not rated -      
NFI EMPiK Media & Fashion 7 May 2013 Not rated -      
T-Hrvatski Telekom 30 April 2013 CiT -      
Atlantic Grupa 19 April 2013 Buy HRK 821.27      
KGHM 10 April 2013 Buy PLN 185      
Open Finance 26 March 2013 Hold PLN 13.4      
Kernel Holding 25 March 2013 Hold PLN 61      
Agora 18 March 2013 Hold PLN 9.7      
Alior Bank 14 March 2013 Buy PLN 95      
Bank Handlowy 14 March 2013 Hold PLN 95      
Bank Millennium 14 March 2013 Hold PLN 5.1      
Getin Noble Bank 14 March 2013 Hold PLN 2      
ING Bank Slaski 14 March 2013 Hold PLN 95      
Komercni banka 14 March 2013 Buy CZK 4500      
mBank 14 March 2013 Sell PLN 314      
OTP Bank 14 March 2013 Buy HUF 5500      
PKO BP 14 March 2013 Buy PLN 40      
PGE 7 March 2013 Hold PLN 16.8      
Orange Polska 15 February 2013 Hold PLN 7.35      
Alior Bank 5 February 2013 Buy PLN 100      
Benefit Systems SA 1 February 2013 Buy PLN 350      
Fortuna Entertainment Group 1 February 2013 Buy CZK 111      
Netia 25 January 2013 Hold PLN 5      
KGHM 23 January 2013 Hold PLN 205      
Global City Holdings 17 January 2013 Hold PLN 30      
PKN Orlen 11 January 2013 Sell PLN 41.9      
CCC 8 January 2013 Hold PLN 77      
LPP 8 January 2013 Buy PLN 5500      
TVN 7 January 2013 Hold PLN 10.5      
ZE PAK 7 January 2013 Buy PLN 35.7      
Jastrzebska Spolka Weglowa 4 January 2013 Sell PLN 83      
New World Resources 4 January 2013 Sell CZK 74      
BZ WBK 27 December 2012 Buy PLN 295      
Bogdanka 20 December 2012 Buy PLN 157      
PZU 20 December 2012 Hold PLN 444      
PGNiG 14 December 2012 Buy PLN 5.42      
Telefonica CR 4 December 2012 CiT -      
Central European Media Enterprises 30 November 2012 CiT -      
Orange Polska 30 November 2012 Sell PLN 11.25      
Ferro 27 November 2012 Hold PLN 6.8      
Magyar Telekom 26 November 2012 Buy HUF 440      
Arctic Paper 21 November 2012 Hold PLN 5.8      
TVN 19 November 2012 Buy PLN 9      
Warsaw Stock Exchange 14 November 2012 Hold PLN 39      
GTC 12 November 2012 Sell PLN 7.2      
Tauron PE 8 November 2012 Sell PLN 3.6      
Antibiotice 6 November 2012 Not rated -      
Banca Transilvania 6 November 2012 Not rated -      
Bank Handlowy 6 November 2012 Sell PLN 85      
Bank Millennium 6 November 2012 Sell PLN 3.8      
BRD Groupe Société Générale 6 November 2012 Not rated -      
BZ WBK 6 November 2012 Hold PLN 250      
EGIS 6 November 2012 CiT        
Fondul Proprietatea 6 November 2012 CiT        
Gedeon Richter 6 November 2012 CiT -      
Getin Noble Bank 6 November 2012 Hold PLN 1.8      
Impact Developer & Contractor 6 November 2012 Not rated -      
ING Bank Slaski 6 November 2012 Sell PLN 80      
Komercni banka 6 November 2012 Hold CZK 4200      
Kredyt Bank 6 November 2012 Not rated -      
Krka 6 November 2012 CiT -      
mBank 6 November 2012 Sell PLN 280      
OMV Petrom 6 November 2012 Not rated -      
OTP Bank 6 November 2012 Hold HUF 4100      
PKO BP 6 November 2012 Hold PLN 37      
SIF Banat Crisana (1) 6 November 2012 Not rated -      
SIF Moldova (2) 6 November 2012 Not rated -      
SIF Muntenia (4) 6 November 2012 Not rated -      
SIF Oltenia (5) 6 November 2012 Not rated -      
SIF Transilvania (3) 6 November 2012 Not rated -      
Transelectrica 6 November 2012 Not rated -      
Transgaz 6 November 2012 Not rated -      
PZU 22 October 2012 Buy PLN 415      
GTC 8 October 2012 CiT -      
Astarta 28 September 2012 Buy PLN 85      
Getin Holding 26 September 2012 Not rated -      
Getin Noble Bank 26 September 2012 Buy PLN 1.8      
KGHM 20 September 2012 Hold PLN 160      
Gedeon Richter 6 September 2012 Hold HUF 42220      
Cyfrowy Polsat 4 September 2012 Buy PLN 16.6      
SIF Banat Crisana (1) 4 September 2012 Buy RON 1.35      
SIF Moldova (2) 4 September 2012 Buy RON 1.51      
SIF Muntenia (4) 4 September 2012 Buy RON 0.81      
SIF Transilvania (3) 4 September 2012 Buy RON 1.72      
SIF Transilvania (3) 4 September 2012 Buy RON 1.67      
Transgaz 22 August 2012 Buy RON 243      
Milkiland 21 August 2012 Buy PLN 24      
TU Europa 21 August 2012 Not rated -      
EGIS 13 August 2012 Buy HUF 24600      
CEZ 10 August 2012 Buy CZK 792      
BRD Groupe Société Générale 2 August 2012 Sell RON 7      
Milkiland 2 August 2012 Restricted PLN 24      
New World Resources 31 July 2012 Sell CZK 77      
Krka 27 July 2012 Buy EUR 67.3      
LPP 19 July 2012 Buy PLN 4400      
Amrest 17 July 2012 Sell PLN 72      
Jastrzebska Spolka Weglowa 16 July 2012 Sell PLN 86      
Pulawy 16 July 2012 Restricted -      
TVN 13 July 2012 Hold PLN 8.6      
KGHM 12 July 2012 Hold PLN 126      
Tauron PE 9 July 2012 Hold PLN 4.65      
Kernel Holding 29 June 2012 Hold PLN 65      
Fondul Proprietatea 25 June 2012 Buy RON 0.6      
Budimex 22 June 2012 CiT -      
Echo Investment 22 June 2012 CiT -      
PBG 22 June 2012 Not rated -      
Polimex 22 June 2012 CiT -      
Ronson 22 June 2012 Not rated -      
Banca Transilvania 20 June 2012 Buy RON 1.23      
Bank Handlowy 20 June 2012 Hold PLN 80      
Bank Millennium 20 June 2012 Hold PLN 3.6      
BRD Groupe Société Générale 20 June 2012 Hold RON 9.3      
BZ WBK 20 June 2012 Hold PLN 230      
ING Bank Slaski 20 June 2012 Sell PLN 75      
Komercni banka 20 June 2012 Buy CZK 4000      
Kredyt Bank 20 June 2012 Buy PLN 16      
mBank 20 June 2012 Sell PLN 270      
OTP Bank 20 June 2012 Hold HUF 3700      
PKO BP 20 June 2012 Buy PLN 38      
Fortuna Entertainment Group 15 June 2012 Not rated -      
INA 15 June 2012 Not rated -      
Pegas Nonwovens 15 June 2012 Not rated -      
Philip Morris CR 15 June 2012 Not rated -      
Unipetrol 15 June 2012 Not rated -      
ENEA 28 May 2012 Hold PLN 15      
Eurocash 22 May 2012 Hold PLN 42      
T-Hrvatski Telekom 22 May 2012 Buy HRK 271.91      
Kernel Holding 21 May 2012 Buy PLN 65      
Telefonica CR 18 May 2012 Restricted -      
Bogdanka 15 May 2012 Buy PLN 147      
Fondul Proprietatea 15 May 2012 Buy RON 0.76      
ING Bank Slaski 9 May 2012 Buy PLN 85      
Mondi Packaging 7 May 2012 Not rated -      
CCC 27 April 2012 Hold PLN 60      
Kety 26 April 2012 Hold PLN 126      
TVN 23 April 2012 Hold PLN 10.6      
PZU 20 April 2012 Buy PLN 390      
KGHM 13 April 2012 Hold PLN 154      
Banca Transilvania 10 April 2012 Buy RON 1.33      
Warsaw Stock Exchange 4 April 2012 Hold PLN 46      
BRD Groupe Société Générale 3 April 2012 Hold RON 11.5      
MOL 2 April 2012 Buy HUF 21500      
Netia 28 March 2012 Buy PLN 7      
Open Finance 23 March 2012 Hold PLN 18      
Global City Holdings 22 March 2012 Hold PLN 36      
SIF Banat Crisana (1) 22 March 2012 Buy RON 1.37      
SIF Moldova (2) 22 March 2012 Buy RON 1.79      
SIF Muntenia (4) 22 March 2012 Buy RON 0.94      
SIF Oltenia (5) 22 March 2012 Buy RON 1.99      
SIF Transilvania (3) 22 March 2012 Hold RON 0.7      
Krka 21 March 2012 Buy EUR 68.8      
Ferro 16 March 2012 Buy PLN 12.8      
CEZ 12 March 2012 Hold CZK 827      
PGE 12 March 2012 Buy PLN 22.5      
LPP 8 March 2012 Buy PLN 2900      
GTC 5 March 2012 Restricted -      
Fondul Proprietatea 1 March 2012 Buy RON 0.8      
New World Resources 24 February 2012 Sell CZK 112      
PGE 23 February 2012 Restricted -      
Kernel Holding 17 February 2012 Hold PLN 78      
Mondi Packaging 16 February 2012 Restricted -      
OMV Petrom S.A. 15 February 2012 Buy RON 0.43      
EGIS 14 February 2012 Buy HUF 19500      
Atlantic Grupa 3 February 2012 Buy HRK 711      
Vimetco 2 February 2012 Not rated -      
Eurocash 25 January 2012 Buy PLN 34      
PKN Orlen 13 January 2012 Sell PLN 30.3      
Arctic Paper 9 January 2012 Hold PLN 7.3      
Milkiland 2 January 2012 Buy PLN 24      
Polimex 20 December 2011 Buy PLN 2      
SIF Banat Crisana (1) 20 December 2011 Buy RON 1.29      
SIF Moldova (2) 20 December 2011 Buy RON 1.52      
SIF Muntenia (4) 20 December 2011 Buy RON 0.83      
SIF Oltenia (5) 20 December 2011 Buy RON 2.01      
SIF Transilvania (3) 20 December 2011 Hold RON 0.57      
KGHM 16 December 2011 Hold PLN 111      
OTP Bank 16 December 2011 Hold HUF 3600      
Getin Holding 14 December 2011 Restricted -      
TU Europa 14 December 2011 Restricted -      
Mondi Packaging 2 December 2011 Buy PLN 73      
Astarta 1 December 2011 Buy PLN 80      
Cyfrowy Polsat 29 November 2011 Buy PLN 16.3      
TVN 29 November 2011 Hold PLN 11.29      
Jastrzebska Spolka Weglowa 22 November 2011 Hold PLN 93      
New World Resources 22 November 2011 Sell CZK 117      
BRD Groupe Société Générale 21 November 2011 Sell RON 10.3      
PGE 18 November 2011 Buy PLN 22.5      
CA Immo International 16 November 2011 Not rated -      
UNIQA 16 November 2011 Not rated -      
Vienna Insurance Group 16 November 2011 Not rated -      
Global City Holdings 14 November 2011 Buy PLN 35      
Pulawy 8 November 2011 Hold PLN 100      
Banca Transilvania 7 November 2011 Hold RON 1.07      
Open Finance 4 November 2011 Buy PLN 23.2      
OTP Bank 3 November 2011 Hold HUF 3850      
EGIS 28 October 2011 Hold HUF 20420      
KGHM 26 October 2011 Hold PLN 163      
Netia 26 October 2011 Buy PLN 7.02      
Bogdanka 25 October 2011 Buy PLN 128      
Tauron PE 25 October 2011 Hold PLN 5.7      
Transelectrica 25 October 2011 Hold RON 20      
PKO BP 21 October 2011 Hold PLN 42      
PZU 21 October 2011 Buy PLN 400      
Kety 20 October 2011 Hold PLN 113      
Mondi Packaging 20 October 2011 Hold PLN 76      
TU Europa 20 October 2011 Buy PLN 205      
Gedeon Richter 18 October 2011 Buy HUF 42165      
ING Bank Slaski 18 October 2011 Buy PLN 850      
mBank 18 October 2011 Hold PLN 290      
Bank Handlowy 17 October 2011 Buy PLN 85      
Kredyt Bank 17 October 2011 Buy PLN 18      
Warsaw Stock Exchange 13 October 2011 Buy PLN 56      
CCC 12 October 2011 Hold PLN 46      
Bank Millennium 11 October 2011 Hold PLN 5.1      
Echo Investment 7 October 2011 Buy PLN 4.5      
Komercni banka 7 October 2011 Buy CZK 4300      
Arctic Paper 4 October 2011 Buy PLN 6.5      
PGE 26 September 2011 Hold PLN 18.2      
Budimex 20 September 2011 Buy PLN 100      
PBG 19 September 2011 Hold PLN 75      
Polimex 19 September 2011 Hold PLN 1.55      
Jastrzebska Spolka Weglowa 13 September 2011 Hold PLN 105      
New World Resources 13 September 2011 Sell CZK 142      
SIF Banat Crisana (1) 13 September 2011 Buy RON 1.41      
SIF Moldova (2) 13 September 2011 Buy RON 1.77      
SIF Muntenia (4) 13 September 2011 Buy RON 0.94      
SIF Oltenia (5) 13 September 2011 Buy RON 2      
SIF Transilvania (3) 13 September 2011 Buy RON 0.69      
Amrest 31 August 2011 CiT -      
CCC 31 August 2011 CiT -      
CEDC 31 August 2011 CiT -      
Emperia Holding 31 August 2011 CiT -      
Eurocash 31 August 2011 CiT -      
Fortuna Entertainment Group 31 August 2011 CiT -      
Global City Holdings 31 August 2011 CiT -      
LPP 31 August 2011 CiT -      
NFI EMPiK Media & Fashion 31 August 2011 CiT -      
GTC 26 August 2011 Hold PLN 12.5      
TVN 25 August 2011 Hold PLN 14.7      
Transgaz 24 August 2011 Buy RON 236      
Banca Transilvania 23 August 2011 Hold RON 1.18      
PGE 22 August 2011 CiT -      
T-Hrvatski Telekom 22 August 2011 Buy HRK 287.79      
BRD Groupe Société Générale 16 August 2011 Buy RON 14.1      
OMV Petrom S.A. 9 August 2011 Buy RON 0.47      
Arctic Paper 21 July 2011 Hold PLN 7.5      
Astarta 21 July 2011 Buy PLN 109      
Kernel Holding 21 July 2011 Buy PLN 89      
Milkiland 21 July 2011 Buy PLN 45      
New World Resources 21 July 2011 Hold CZK 256      
Pulawy 21 July 2011 Hold PLN 114      
GTC 20 July 2011 Buy PLN 23      
Magyar Telekom 20 July 2011 Hold HUF 604      
Netia 20 July 2011 Buy PLN 6.2      
Orange Polska 20 July 2011 Hold PLN 17.1      
Tauron PE 20 July 2011 Hold PLN 6.8      
TVN 20 July 2011 Hold PLN 17.5      
Fortuna Entertainment Group 19 July 2011 Hold CZK 130      
Gedeon Richter 15 July 2011 Buy HUF 42820      
PZU 15 July 2011 Buy PLN 425      
EGIS 14 July 2011 Hold HUF 20200      
PGNiG 14 July 2011 Hold PLN 4.42      
Bank Handlowy 13 July 2011 Buy PLN 96      
BZ WBK 13 July 2011 Hold PLN 240      
Getin Holding 13 July 2011 Buy PLN 15      
ING Bank Slaski 13 July 2011 Hold PLN 925      
Kredyt Bank 13 July 2011 Hold PLN 17.5      
mBank 13 July 2011 Buy PLN 360      
OTP Bank 13 July 2011 Buy HUF 6700      
Polimex 13 July 2011 Hold PLN 3.4      
Budimex 11 July 2011 Buy PLN 118      
Krka 8 July 2011 Buy EUR 74.1      
KGHM 7 July 2011 Hold PLN 200.1      
Ferro 4 July 2011 Buy PLN 12.7      
Vienna International Airport 29 June 2011 Hold EUR 40      
Cyfrowy Polsat 28 June 2011 Buy PLN 18.9      
PZU 27 June 2011 Hold PLN 390      
ENEA 24 June 2011 Sell PLN 18      
Emperia Holding 21 June 2011 Buy PLN 125      
Open Finance 16 June 2011 Buy PLN 22.8      
PZU 8 June 2011 Restricted -      
Budimex 2 June 2011 Buy PLN 127      
PBG 2 June 2011 Hold PLN 150      
Polimex 2 June 2011 Hold PLN 3.2      
TU Europa 31 May 2011 Buy PLN 236      
EGIS 20 May 2011 Buy HUF 22820      
SIF Banat Crisana (1) 20 May 2011 Buy RON 1.57      
SIF Moldova (2) 20 May 2011 Buy RON 2      
SIF Muntenia (4) 20 May 2011 Buy RON 1.08      
SIF Oltenia (5) 20 May 2011 Buy RON 2.25      
SIF Transilvania (3) 20 May 2011 Buy RON 0.8      
Banca Transilvania 18 May 2011 Hold RON 1.4      
SIF Transilvania (3) 18 May 2011 Buy RON 0.81      
Fondul Proprietatea 13 May 2011 Buy RON 0.91      
SIF Muntenia (4) 13 May 2011 Buy RON 0.99      
SIF Banat Crisana (1) 12 May 2011 Buy RON 1.46      
SIF Oltenia (5) 12 May 2011 Buy RON 2.12      
T-Hrvatski Telekom 3 May 2011 Hold HRK 281.5      
Banca Transilvania 27 April 2011 Hold RON 1.68      
Arctic Paper 20 April 2011 Hold PLN 13      
CEDC 20 April 2011 Hold USD 13      
CEZ 20 April 2011 Hold CZK 860      
Cyfrowy Polsat 20 April 2011 Hold PLN 16.9      
Kety 20 April 2011 Hold PLN 142      
Mondi Packaging 20 April 2011 Hold PLN 87      
TVN 20 April 2011 Hold PLN 18.6      
Fortuna Entertainment Group 19 April 2011 Buy CZK 130      
Global City Holdings 19 April 2011 Hold PLN 42      
Magyar Telekom 19 April 2011 Hold HUF 657      
PGNiG 19 April 2011 Buy PLN 4.35      
Telefonica CR 19 April 2011 Hold CZK 414      
KGHM 18 April 2011 Hold PLN 215      
PZU 14 April 2011 Buy PLN 420      
Vienna International Airport 14 April 2011 Hold EUR 46      
Warsaw Stock Exchange 14 April 2011 Hold PLN 56      
Bank Handlowy 13 April 2011 Hold PLN 105      
Bank Millennium 13 April 2011 Hold PLN 6      
Getin Holding 13 April 2011 Hold PLN 15.6      
ING Bank Slaski 13 April 2011 Hold PLN 920      
Komercni banka 13 April 2011 Buy CZK 5000      
Kredyt Bank 13 April 2011 Hold PLN 17      
mBank 13 April 2011 Hold PLN 360      
OTP Bank 13 April 2011 Hold HUF 6700      
CCC 12 April 2011 Hold PLN 62      
LPP 12 April 2011 Buy PLN 2450      
NFI EMPiK Media & Fashion 12 April 2011 Hold PLN 21      
EGIS 11 April 2011 Buy HUF 23000      
Gedeon Richter 11 April 2011 Buy HUF 46200      
Netia 11 April 2011 Buy PLN 6      
Milkiland 7 April 2011 Buy PLN 50      
Tauron PE 7 April 2011 Hold PLN 6.4      
Bogdanka 6 April 2011 Buy PLN 153      
New World Resources 6 April 2011 Hold CZK 306      
OMV Petrom S.A. 5 April 2011 Buy RON 0.5      
Amrest 29 March 2011 Hold PLN 84      
Astarta 28 March 2011 Buy PLN 113      
A&D Pharma 24 March 2011 Not rated -      
Krka 22 March 2011 Buy EUR 75.5      
Tauron PE 22 March 2011 Restricted -      
BRD Groupe Société Générale 16 March 2011 Buy RON 16.65      
Astarta 9 March 2011 Restricted -      
CEDC 8 March 2011 Buy USD 16      
Vienna International Airport 7 March 2011 Hold EUR 49      
T-Hrvatski Telekom 4 March 2011 Hold HRK 304.26      
Global City Holdings 3 March 2011 Buy PLN 46      
Polimex 1 March 2011 Hold PLN 3.7      
Fondul Proprietatea 25 February 2011 Buy RON 0.94      
SIF Banat Crisana (1) 21 February 2011 Buy RON 1.56      
SIF Moldova (2) 21 February 2011 Buy RON 1.98      
SIF Muntenia (4) 21 February 2011 Buy RON 1.07      
SIF Oltenia (5) 21 February 2011 Buy RON 2.19      
SIF Transilvania (3) 21 February 2011 Buy RON 0.84      
BRD Groupe Société Générale 17 February 2011 Buy RON 16.3      
Emperia Holding 17 February 2011 Hold PLN 120      
Eurocash 17 February 2011 Buy PLN 35      
Transelectrica 17 February 2011 Hold RON 21.3      
Amrest 14 February 2011 Sell PLN 82      
GTC 14 February 2011 Buy PLN 27      
OMV Petrom S.A. 11 February 2011 Buy RON 0.43      
Banca Transilvania 7 February 2011 Hold RON 1.55      
T-Hrvatski Telekom 4 February 2011 Sell HRK 297.66      
Fortuna Entertainment Group 3 February 2011 Buy CZK 126      
Fondul Proprietatea 26 January 2011 Buy RON 0.99      
EGIS 25 January 2011 Buy HUF 25350      
Arctic Paper 24 January 2011 Hold PLN 12.8      
Budimex 24 January 2011 Buy PLN 121      
Central European Media Enterprises 24 January 2011 Hold USD 22.4      
Gedeon Richter 24 January 2011 Buy HUF 50360      
Kety 24 January 2011 Hold PLN 131      
Magyar Telekom 24 January 2011 Hold HUF 616      
Mondi Packaging 24 January 2011 Hold PLN 82      
PBG 24 January 2011 Hold PLN 215      
Polimex 24 January 2011 Sell PLN 3.5      
Pulawy 24 January 2011 Buy PLN 123      
TVN 24 January 2011 Hold PLN 18.9      
Bogdanka 21 January 2011 Buy PLN 127      
Global City Holdings 21 January 2011 Hold PLN 46      
GTC 21 January 2011 Restricted -      
New World Resources 21 January 2011 Hold CZK 303      
PZU 21 January 2011 Hold PLN 390      
CCC 20 January 2011 Hold PLN 65      
KGHM 20 January 2011 Hold PLN 200      
LPP 20 January 2011 Buy PLN 2400      
NFI EMPiK Media & Fashion 20 January 2011 Hold PLN 24      
Vienna International Airport 20 January 2011 Hold EUR 50      
Astarta 14 January 2011 Buy PLN 113      
Kernel Holding 14 January 2011 Buy PLN 99      
PGNiG 14 January 2011 Buy PLN 4.25      
CEDC 13 January 2011 Buy USD 32      
Bank Handlowy 10 January 2011 Hold PLN 100      
Getin Holding 10 January 2011 Buy PLN 14      
ING Bank Slaski 10 January 2011 Hold PLN 925      
Komercni banka 10 January 2011 Hold CZK 5000      
mBank 10 January 2011 Buy PLN 350      
OTP Bank 10 January 2011 Buy HUF 6000      
PKO BP 10 January 2011 Hold PLN 49      

Uprzejmie informujemy, że w ramach naszej witryny używamy plików cookies w celu świadczenia usług na najwyższym poziomie oraz w sposób dostosowany do Twoich indywidualnych preferencji. Korzystanie z witryny bez zmiany ustawień oznacza, że akceptujesz otrzymywanie plików cookies. Zmiany ustawień dla plików cookies możesz dokonać w każdym momencie użytkowania serwisu.
Zgadzam się na przetwarzanie w celach marketingowych, w tym poprzez profilowanie, oraz w celach analitycznych, moich danych osobowych pozostawianych przeze mnie w ramach korzystania ze stron internetowych, serwisów i innych funkcjonalności, w tym zapisywanych w plikach cookies, przez Bank Pekao S.A. w celu marketingu produktów i usług podmiotów trzecich oraz i przez podmioty współpracujące z Bankiem w tym podmioty z grupy kapitałowej Banku oraz Zaufanych partnerów. 

Wyrażenie zgody jest dobrowolne. Przyjmuję do wiadomości, że mogę  w dowolnym momencie wycofać tę zgodę np. poprzez jej odznaczenie pod klauzulą informacyjną cookies, znajdującą się na stronie. Wycofanie przeze mnie zgody nie ma wpływu na zgodność z prawem przetwarzania, którego dokonano na podstawie mojej zgody przed jej wycofaniem.

Podstawowe informacje dotyczące przetwarzania danych osobowych
Administrator danych
Bank Polska Kasa Opieki S.A.
Podmioty z Grupy Kapitałowej Banku - pełna lista dostępna jest tutaj
Zaufani Partnerzy - pełna lista dostępna jest tutaj

Cele przetwarzania danych
1. Marketing, w tym profilowanie oraz cele analityczne
2. Świadczenie usług Banku
3. Dopasowanie treści witryn internetowych Banku do Twoich zainteresowań
4. Wykrywanie botów i nadużyć w usługach Banku
5. Pomiary statystyczne i udoskonalenie usług Banku

Podstawy prawne przetwarzania danych
1. Marketing, w tym profilowanie oraz cele analityczne, dotyczący produktów lub usług Banku - prawnie uzasadniony interes Banku
2. Marketing, w tym profilowanie oraz cele analityczne, dotyczący produktów lub usług podmiotów trzecich (podmioty z grupy kapitałowej Banku oraz Zaufani Partnerzy) - Twoja dobrowolna zgoda
3. Usługi Banku - niezbędność przetwarzania danych osobowych do wykonania umowy
4. Pozostałe cele - Uzasadniony interes Banku

Odbiorcy danych
Podmioty przetwarzające dane na zlecenie administratora, w tym agencje marketingowe oraz podmioty uprawnione do uzyskania danych na podstawie obowiązującego prawa Podmioty z grupy kapitałowej Banku oraz Zaufani Partnerzy.

Prawa osoby, której dane dotyczą
Prawo żądania sprostowania, usunięcia lub ograniczenia przetwarzania danych; prawo wycofania zgody na przetwarzanie danych osobowych; sprzeciwu wobec przetwarzania, inne prawa, o których mowa w szczegółowej informacji o przetwarzaniu danych.

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