Post -election session at the Warsaw Stock Exchange. Fusion of giants and blood on banks shares

The first stock market session after the announcement of the results of the presidential election in Poland began with strong drops in the main indexes, which, however, lost strength later. The sentiment of investors on the domestic market was not improved by the terrible reading from the Polish industry, and the announcement of the fusion of two giants from WIG20 turned out to be the stock exchange of the day.

After the victory of Karol Nawrocki in the presidential election, the Warsaw Stock Exchange began the day in shades of deep red. In the first minutes of trade, WIG20 lost even 3.39%. The powerful value of turnover, which reached PLN 750 million within 75 minutes of Monday's session, testified to the great commitment of abroad.

In the following hours of trade, however, the losses began to melt and eventually the Blue Chip index ended the session by a discount by only 0.60% ending with a session at 2755 points. WIG lost 0.56%on Monday, and MWIG40 withdrew by 0.68%. The index of small companies SWIG80 has fallen by 0.10%.

The value of turnover on the Warsaw stock exchange reached PLN 2.93 billion, of which PLN 2.55 billion concerned companies from the WIG20 index. The highest value of turnover took place at PKO BP (PLN 650 million), Pekao (PLN 363 million) and Orlen (PLN 263 million).

We wrote more about the impact of election results on the market from the perspective of analysts in the text “How will the election result affect the Polish Stock Exchange and the Gold?” The market was afraid of this decision. ” As Paweł Borys, a managing partner of the MCI, assessed in an interview with Bankier.pl, within a few days the Polish stock market, bonds or currency should forget about elections and start looking at current matters.

The most important readings from the Polish economy were on Monday, PMI for May and the second reading of GDP dynamics in the first quarter of the year. The first of these turned out to be a great disappointment. The PMI indicator for the Polish manufacturing sector in May scored a decrease to 47.1 points. The GDP reading was covered with earlier rapid respect (3.2%), and consumption was the main motor of the Polish economy in the past quarter.

The stock exchange event of the day was an announcement about the merger of Bank Pekao and PZU. Both entities are to connect next year under the wings of the first of the institution, which, according to the Ministry of Finance, will increase their credit potential by approx. PLN 200 billion compared to the current group of the group. Pekao shares ended the Monday session losing 0.49%, while PZU's quotations grew by 1.24%.

On Monday, the banking sector was one of the main brake for the WSE. PKO BP (-3.11%), mBank (-2.07%) and Alior (-1.83%) were the most discounted among banks from the Blue Chip index. In turn, Millennium (-4.33%) was one of the weakest companies in mWIG40. The WIG-Banki sector index withdrew by 2.04%.

Allegro (+2.19%) and KGHM (+2.03%) were best coped among the blue chips. A fresh EY report could be helped by the records of a second company, according to which “Poland faces a historical opportunity to significantly accelerate economic growth” due to its copper deposits. To use this potential, our country only needs copper tax reform.

On the other side of the market in WIG20 there were Budimex actions that gave 5.55%. The discount was not accompanied by any news on the company's ESPI channel.

Pure Biologics shares have dropped by 16.41%. The company announced the termination of the contract with the American company Promittens Corporation due to the lack of compliance with the payment and began preparations for bankruptcy.

26.56% lost PCF Group quotations. The gaming studio suspended work on the “Gemini” project and decided to dismiss 60 people from the team that worked on it. In addition, the company announced the suspension of work on the second project called “Bifrost”.

34.78% gained shares in Harper Hygieni, which was the leader of increases on the WSE on Monday. It was a reaction to the publication of record financial results for the first quarter of 2025. The company's net profit has grown by over 1,400% of yards. up to PLN 3.39 million.

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