The information of the day at the start of the new week was the news about the takeover of the Santander control package – one of the largest banks on the WSE – by the Austrian ERSTE group. Investors, however, underestimated the importance of transactions and Monday devoted to the sale of most banks shares. Other sectors also did poorly, which results in the declines of the main indexes. Small companies showed relative strength, and their index scored another day with a historic record.
WIG20 fell by 0.96 percent, WIG was lower by 0.75 percent, but remained above 100,000. points The decline from record levels from the previous week was also scored by MWIG40, which lost 1.2 percent. During the session, the new historic peak improved SWIG80 (0.51 percent), which at the closure reached 28 202.32 points. The index of small companies, throughout the entire session, did better than the benchmarks of larger companies, suggesting the flow of capital to lower market segments. The turnover throughout the market did not impress and amounted to only PLN 1.19 billion, of which PLN 923 million concerned WIG20 companies.
Although May for investigators on the WSE began great on Friday, when WIG20 gained nearly 2.7 percent, and a wide market over 2.5 percent, the second session of the month recalled Strachy from last year, when after setting new records the indexes began a few months of correction, which lasted until December. We wrote about the fact that the growth wave on the WSE loses impetus on the occasion of the summary of April.
Over the weekend, apart from the announcement of a symbolic descent from the Scene of Warren Buffetta at the end of 2025, investors could pay attention to Vladimir Putin's declarations that Russia has enough strength and resources to lead a war with Ukraine to a “logical ending with its resulting result” and a multi -threaded interview of Donald Trump, in which he spoke the language of Russian leader, e.g. in terms of Greenland and Canada.
Nevertheless, this week is focused on a number of central banks on interest rates, including the American federal reserve (Wednesday). It will also be a week of the MPP decision, which is to start cutting feet (Wednesday). In Europe, the session had a mixed course. Indexes for Wall Street opened low, but they made up for the losses, which also improved the WSE quotes, where WIG20 reduced the discount from about 1.5 percent.
At the WSE, the event of the day was confirmed by the transaction of acquisition by the Austrian group ERSTE of the Santander control package for PLN 6.8 billion (and 0.2 billion euros for TFI Santander), which implies the price of PLN 584 for the share of one of the largest banks in Poland. The information seems positive, especially since the discount is 7.3 percent. In relation to the historic peak, which suggests that the Austrians see good businesstages of business in Poland, carrying out such a large investment. On Monday, investors overestimated both the Santander exchange rate (-6.65 percent and the rest of large banks, whose sector WIG-Banki index dropped by 1.79 percent more investment was appreciated by ERSTE shareholders, raising the group's exchange rate on the stock exchange in Vienna by about 8 percent, although the translation may strain the capital situation of the group.
In addition to the banks, investing on the WSE overestimated the automotive sector (-3.67 percent), game (-2.36 percent), but also construction (-1.7 percent) or chemical (-1.3 percent). There were only medicines (2.22 percent), immobility (0.94 percent), computer science (0.6 percent) and energy (0.27 percent) and media (0.22 percent).
Among other companies from WIG20, the values of mBank (-3.11 percent) and CD Projekt (-2.76 percent), corrective increases in response to the increase in AAA segment game prices, were clearly lost. In addition, over 2 percent They also gave Budimex and CCC courses. Noble Securities analysts have reduced the recommendation for Budimex shares with “Hold” to “Sell”.
Alior (-1.35 percent) was a lot further behind the leaders of the fall, and the rest of the descending companies from the WIG20 portfolio lost no more than 0.85 percent. In total, however, there were as many as 17 courses of the largest companies under the line. The PGE (0.72 percent), Żabki (1.69 percent) and Pepco (2.37 %).
Synthaverse's Biotechnology Course (8.84 percent), which has gained annual results from Wednesday's publication of annual results, strengthened by the board of the board, stood out from the wide market. The whole Friday increase was given by the New Tech Capital (-15.49 %) company. Company courses that gained assistance in the amount of over PLN 700 million, which were to serve the Industrial Development Agency for Rafako and Rafamet. On Monday, the stock prices of these companies will lose 12.99 percent, respectively. and 11.68 percent).
Mku
