Inheritance session in Warsaw. The main shareholder sleeps with Murapol, Orlen and Allegro actions cheaper before the results

In the Polish Stock Exchange, declines dominated from the very beginning of the Wednesday session. The day on the dance floor ended with a discount of almost all blue chips. Medium and small companies were doing better, but their indexes could not be kept on the surface.

WIG20 lost 1.26% on Wednesday and ended a session at 2,760.83 points. The Polish Blue Chip index was for most of the day the weakest stock market index. The decreases also affected WIG, which reduced by 0.95%. MWIG40 and sWIG80 lost 0.22% each on Wednesday.

The value of turnover on the Warsaw stock exchange amounted to PLN 1.7 billion, of which PLN 1.36 billion concerned companies from the WIG20 index. The highest value of turnover took place at PKO BP (PLN 199 million), Orlen (PLN 180 million), PZU (PLN 133 million) and Allegro (PLN 132 million).

After falls on Monday and a light Tuesday reflection, the Polish stock exchange continues to correction. When trade ended in Warsaw, the American indexes presented a mixed image – S&PC lost 0.18%, and Nasdaq gained 0.21%. The German Dax grew by 0.28%at that time, the French CAC40 fell by 0.34%, and the index of European Stoxx 600 companies was at the reference point. The Polish zloty slightly lost on Wednesday towards the euro and clearly strengthened to the dollar.

Among the macroeconomic readings, the Polish industry and information about remuneration came to the fore on Wednesday. The manufacturing sector is still in stagnation. However, a slight increase was more than what analysts counted on. When it comes to reading remuneration, in large non -financial enterprises in Poland last month earned an average of PLN 90,45 gross.

In the WIG20 index, only four companies have ended in green. The Żabka, whose shares gained 3.99%, was doing the best, putting the end of a series of three inheritance sessions in a row. Budimex came second, whose quotations increased by 1.70%. In addition, CCC (+0.66%) and Oranhe (+0.38%) were based.

On Wednesday, PZU shares were the most discounted in the Blue Chips index, which lost 3.69%. The last information provided on the company's ESPI channel was the notification that Blackrock increased the share in its shareholding to 5% of votes at the general meeting.

Before the publication of the results for the first quarter, which is to take place on Thursday, the Allegro (-2.44%) and Orlen (1.79%) were highly reduced. In minus in the companies from the WIG20 index also the qualities of CD Projekt (-2.13%) and Kruka (-2.12%) also stood out.

Vercom and Cyber_folks did the best in the index of medium -sized companies. Both companies presented the results for the first quarter after Tuesday's session. In both cases, they proved to be better than the market consensus. In turn, the small companies were dominated by the quotations of the related Shoper (+9.97%) – also after solid results.

7.30% lost the shares of Murapol, whose main shareholder sold in the ABB process the 20% of the developer's shares with a discount of 12% per value.

In sectoral terms, the IT industry (WIG-ITECHA+1.56%) as well as construction (+1.33%) and media (+0.47%) did best on Wednesday. The wig-food (-3.45%), WIG-Gry (-1.88%) and Wig-Paliwa (-1.75%) were the most powerful. Banks whose sector index lost 0.89%could not include successful sessions of the sector index, which lost 0.89%could not include successful sessions.

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