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KGHM Polska Miedź SAKGHM copper share price rises over 5 pct after copper tax cut announced
Listed copper producer KGHM's stock price rises more than 5 percent after Poland's finance minister announced a reduction in the copper tax.
Around 12.15 pm local time, KGHM's share price gained 5.4 percent to PLN 139.5 (EUR 33.31).
Finance Minister Andrzej Domanski said during a speech at the Warsaw Stock Exchange on Monday that Poland's Ministry of Finance sees the possibility of reducing copper tax by PLN 500 million (EUR 119.4 mln) from 2026 and by PLN 700 million (EUR 167.2 mln) in 2027.
pel/ nl/ ao/