The growing chances of Nawrocki and cheaper gas for Poles. The stock exchange in the reverse before the upcoming elections

Investors may feel disappointed with the reaction of the markets to blocking by the American court, the entry into force of most duties announced by the US President Donald Trump. There was no euphoria, and the afternoon brought declines in Europe, much larger on the WSE than in other base markets. The Orlen exchange rate has been heavily after approval, a reduction in gas prices from July 1. The question is whether investors do not line up before the elections and the last surveys. The current ones show the growing chances of Nawrocki's victory.

WIG20 fell by 1.79 percent And on Thursday he was the weakest main index in Europe. WIG was lower by 1.84 percent MWIG40 reduced the most, which fell by 2.59 percent, and SWIG80 has survived relatively better with a discount of 0.78 percent. Turns in the wide market amounted to PLN 2 billion, of which PLN 1 billion concerned WIG20.

The Asian session ended with Nikkei 225 increases by 1.88 percent, Kopsi by 1.89 percent, or Hansenga by 1.35 percent. This is how the Federal Court blocked in New York was reacted by the entry into force of most duties announced by the US President Donald Trump. It is true that the president's administration appealed, but the reaction of the financial markets was initially clearly positive.

Only later did the investors began to take on doubts. The beginning of the session in Europe was still upward, the more so because rather positive (but no longer shocking) the results of the catalyst of the bull market of recent years, i.e. Nvidia. Already after the start of the session on Thursday, the course of the giant from Santa Clara grew within 4-5 percent.

Wall Street indexes also grew: S&PC by 0.5 percent, and Nasdaq by 0.8 percent, so there was no euphoria, but continuing the growths on this week. In the afternoon, the mood in Europe was more subdued and the main indexes oscillated around neutral levels with a slightly higher DAX-A (-0.5 percent) decrease.

Against this background, WIG20 fell poorly with a stronger discount, despite the drop in USD/PLN. Banks (WIG -Banki -1.81 percent) and raw materials (WIG -Górcy -1.02 percent) were weak. Attention in the second part was focused by Orlen (-2.58 percent at PLN 251 million in turnover), whose route listed flat in the first part of the session was dived after the URE announced new lower (-14.8 percent) gas tariffs in force from July 1.

General weakness can also be associated with the upcoming presidential elections and surveys and plants, in which Karol Nawrocki began to dynamically gain dynamically on Thursday, although still with greater chances of the presidency of Rafał Trzaskowski. PolyMarket is a decentralized platform that functions as a forecast market, enabling users to bet on the results of real events using cryptocurrency. More about looking at the election result in the article: “Stock Exchange in Warsaw, Bucharest and Lisbon react to elections.”

Sobiesław Kozłowski, director of the Noble Securities Analysis and Advisory Department noted that tomorrow the last polls before the election silence will show. “The question is whether today and tomorrow investors will not position themselves for election results. Perhaps it will be an opportunity for Rebalancing, i.e. the sale of some large companies and looking for opportunities in the segment of small and medium -sized entities” – he added.

In an interview with PAP, Biznes reminded that Friday would be the last session before entering the MSCI Poland index of several companies: CCC (-4.66 percent), Budimex (-4.26 percent) from WIG20 and Bank Millennium (-4.39 percent) with mWIG40. On Thursday, stronger declines were observed on them. In total, there were 17 companies in WIG20 under the line. PGE (2.47 percent) finished more in the plus, representing the most powerful energy sector this year, as well as Orange (0.47 percent) and CD Projekt (0.64 percent), whose exchange rate ambiguously reacted to the better than expected results, which is more in the article “The first such situation than the premiere of” Witcher 3 “. What do experts say after CD Projekt results? ”

The ABB transaction on the Benefit shares (-13.98 percent) echoed on the wide market, which was closed at a price of 13.3 percent. discount. In turn, Rainbow Tours (-2.94) reported the results for the first quarter and showed the maintenance of over 20 percent. dynamics of growth of revenues in terms of yields. However, investors decided to make profits. Recently at Bankier.pl, we published an interview with the president of the company Maciej Szczechura, who said that this season may prove to be record -breaking in terms of profit.

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