Foreign investors continue to pull out of Poland, selling treasury bonds and shares in companies listed on the Warsaw Stock Exchange (WSE).

Between April 1 and the end of June, investors withdrew Zl 3.8 billion ($900 million) from Poland, Zl 2.31 billion in the form of treasury bonds. In the first quarter of this year, the foreign investment balance in the country amounted to Zl 9.6 billion, according to the National Bank of Poland (NBP) data.

Chairman of the Securities Exchange (GPW), Wieslaw Rozlucki, said the performance of the exchange in recent weeks shows that foreign investors are worried about the progressing public financial crisis in Poland. He also said the economic slump is due in part to the unstable situation in emerging markets. Last week's rally on the WSE was put down to domestic capital.

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