The energy plug was disconnected. WIG20 one of the weakest indexes in Europe

The second session in a row at the Warsaw Stock Exchange ended with quite painful declines. Energy companies, which since the beginning of the year, fueled the bull market at Książęca.

WIG20 ended the Friday session with a 0.51% inheritance and at 2,771.86 points. At the last hour of trade, he managed to make up half the earlier losses. Let us just remind you that the day before the flagship index of the Warsaw Stock Exchange scored a regression of nearly 1.8%. And again it was a result much worse than the so -called base markets. For the session in Europe was marked by light optimism: DAX and FTSE100 gained around 0.4-0.6%.

Only the main indexes from Turkey (-1.9%) and Athens (-1.5%) did worse than WIG20. Apart from the changes in the indexes themselves, this presence in such company is unlikely to indicate the good perception of the Polish stock market by foreign investors. They could make profits before the second round of presidential elections. It is true that both pre -election surveys and quotations on the PolyMarket platform indicate Rafał Trzaskowski's winning (whose “abroad” for unexplained reasons is perceived as a better choice for Polish actions), but uncertainty as to the result of the Sunday election remains high.

The behavior of the energy sector may be a certain lead here – mostly dominated by companies controlled by politicians and for whom the castles at the peaks of power can be the most expensive. WIG-Energia fell on Friday by 4.2% and was by far the weakest industry index of the entire WSE. PGE shares went down by 3.8%, Tauron by 5.3%, and ENEI by 5.6%. It is worth recalling that from the beginning of 2025 WIG-Energia has gained over 48%.

There were also actions of all Polish banks listed on the WSE, except for the commercial. Here, data on the lower CPI inflation could have influence, which, in combination, already announced with gas reductions on gas may lead the Monetary Policy Council to sharper interest rate reduction.

PGE (-3.8%), Kruka (-3.4%) and mBank (-3.3%) were the most overestimated in the group of blue chips. The digital policy of Cyfrowy Polsat, which was under the pressure of sellers for the previous two weeks, stands out positively. The rotation in the wide market was very high due to the cocwarish revision of the MSCI indexes. Finally, the owner changed shares for up to PLN 6.85 billionof which PLN 5.6 billion fell on companies from WIG20.

On slightly smaller minuses there were so -called second line. The associating medium companies mWIG40 lost 0.52%, while consisting of slightly smaller companies SWIG80 gave only 0.16%. Although on the main market under the line the day ended nearly half of the values ​​listed on it (and over a third of it recorded increases), the number of companies determining at least the year's maximum rate was twice as high as those that deepened the annual minima.

KK

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