“It's a great time for shopping,” wrote the American president on Wednesday on his social media. Whatever he meant in the USA, the stock exchanges grew for a while. They fell in Europe, but it is hardly surprising after what Wall Street raised on Tuesday. It cannot be denied that the markets have chaos, which is a paradise for speculators.
WIG20 lost 2.95 percent at the end of the day, WIG was 2.68 percent lower. In turn, MWIG40 donated 2.1 percent, and SWIG80 reduced by 1.94 percent. Turns in the wide market amounted to PLN 2.015 billion, of which PLN 1.702 billion concerned companies from WIG20.
Summary of the session let's start with information that this time the WSE did not issue a message about the occurrence of extreme market conditions, which it published on Monday and Tuesday. He referred to the number of orders in algorithmic trade, but the name “Exceptional Market Conditions” is perfectly reflecting what we have dealt with in markets for almost a week. Last Wednesday was in the US a “day of liberation”, as Donald Trump defined the date of the public import tariffs. Later, chaos reigned on the financial markets, which continues to this day.
Wednesday's session in Asia brought falls on the stock exchanges. It took place after Tuesday Wall Street turned around 4 % Index increases that helped reflect on the Old Continent for the next day of sale.
“The session in Asia was nervous and our stock exchange opened quite low, but over time the indexes were drawn to small minuses. It seemed that the situation began to calm down. Then the answer from China came that they introduced 84 % duties on goods from the United States and this led to another burst”-reported the first part of the Wednesday PAP Session Konrad Ryczko, a broker and a broker DM BOŚ analyst.
In addition, a rather conciliation position was slightly tightened by the EU, which announced the announced retaliation duties, but in connection with the USA duties on steel and aluminum. So this was not a response to the common duties.
Wall Street started cash in decline, but the situation changed like a kaleidoscope and after a few minutes the indexes green. Nasdaq gained over 1.3 percent Indexes in Europe did a bit. The Secretary of the US Treasury Scott Bessent called China to negotiate in the matter of customs tariffs, which in the face of caricatured rates, which began to throw both administrations, seems to be the only reasonable way out.
The next day of the trade war can be summarized with further escalation of tensions and an increase in the fears of the outbreak of the global trade war. Maciej Kalwasiński from the Eastern Studies Center and an expert from the Chinese economy wrote on X that “duties reached the barrier level (in the case of most goods). Possible subsequent increases will therefore only have symbolic significance.”
“If Washington or Beijing really want to escalate the conflict, then the customs war will turn into a trade war – other non -tariff tools will enter the game,” the expert wrote. Its effects are difficult to assess, and when the risk ceases to be acceptable to the largest investors in stock markets, there is a withdrawal of greater capital, and the game is made by speculative capital, encouraged by the US president himself.
Trump wrote in his social media, as usual using in capital letters: “Be calm! … It's a great time to buy !!! DJT.” What and where to buy (?) You can speculate. DJT to Trump's ticker from the stock exchange, where its exchange rate gained over 7 percent. When trade in Warsaw was coming to an end, declines dominated at Wall Street again. The S&PC lost 0.4 percent, and Nasdaq reduced an increase to 0.2 percent. In Europe, Dax lost 3 percent, CAC40 3.4 percent, FTSE100 3.2 percent, but there were also indexes from Switzerland or Belgium losing over 4 percent.
A quick glance on the WSE shows almost a set of red at the courses of WIG20 companies. Only Dino gained (0.31 percent). The largest discount was affected by CD Projekt (-6.35 percent) and CCC (-5.49 %). Over 4 percent Kruk (-4.56 percent), PKO (-4.36 percent) and Santander (-4.15 percent) in the face of sales option have dropped in the option of which analysts have great doubts. In turn, Kruk announced that in the first quarter of 2025 he issued debt on the wallets by 32 percent. less than a year ago. The declines in WIG20 were wide and deep, as many as 17 companies of companies fell by over 1 %, of which 15 by 2 percent. or more. Half of the companies from the index were overestimated by over 3 percent.
On the wide market it was the day of publication of annual coal companies reports. The results of JSW (-0.22 percent) were in line with estimates, but according to our analysis, the costs of employee benefits consumed over 64 percent last year. group revenues. Bogdanka (-1.21 percent) said that her net loss in 2024 was PLN 1.49 billion as she estimated.
