The Marshal of the Sejm scared investors on the stock exchange. Exchange on banks for over PLN 1 billion after the threat of politics
The words of Szymon Hołownia in an interview with Polsat staggered on Friday's quotations on the Polish stock exchange. The threat of imposing tax on “manna from heaven” on banks scared those investing in the heaviest sector on the WSE. WIG20 in the second part of the day tried to make up for the losses after a good start of the session at Wall Strett, but the day ended with a clear discount as and the whole week.
On Friday, WIG20 lost 1.26 percent on the WSE, and gave 2.6 percent throughout the week. WIG, in turn, fell on Friday by 0.94 percent, to 99,287.48 points, and in the whole week he gave 2.16 percent. However, MWIG40 lost 0.38 percent on Friday up to 7,614.03 points, when it fell by 2.19 percent throughout the week. In turn, SWIG80 gained 0.36 percent at the session, but he lost 0.71 percent In the whole week, which ended at 28,350.42 points. The turnover on Friday amounted to nearly PLN 3.09 billion, of which companies from WIG20 were responsible for over PLN 2.8 billion.
The turnover on the WIG-Banki industry index was responsible for over PLN 1.3 billion, which lost 1.78 percent. In response to the announcement of the Sejm Marshal Szymon Hołownia, the renegotiations of the coalition agreement and entering the tax on the bank on excess profits to it. The second bright reaction of investors on the WSE was the one regarding the ABB announced in less than 3 months after the last process of Allegro actions. More about sales on banks and allegro, which in the first half of the session reached over 2.7 percent. On WIG20 we wrote in the article “WIG20 under fire. Marshal Hołownia is depressing banks from the WSE”.
The second part of the trade brought a clear reflection at Wall Street, where the S&P and NASDAQ indexes at the end of trade in Warsaw gained over 1.1-1.3 percent, which testified to the good perception of a monthly monthly report from the labor market in the USA, which in details, and especially in numerous sevies and increased pay pressure was not so clear, which was not so clear, which was more clearly written in the article. The American labor market is not good.
There were also key indexes in Europe, so under the pressure of the environment and on WIG20 there was a reduction in declines by almost half. Instead, the weakness of the domestic market relative to the environment. In the post -election week, WIG20 scored 4 out of 5 sessions.
Some analysts are starting to see a growing desire for a longer correction on the domestic market, although it is worth recalling that at the turn of March and April WIG20 fell by nearly 19 percent. From the last peak, but it should be considered that it was rather a correction in flight, although quite deep, it was without a clear arrest of the previous upward trend.
Let us add that among the banks from WIG20 the Santander exchange rate (-2.97 percent) dropped the most, while PKO (1.99 percent) and Pekao (-2.53 percent) (-2.53 percent) were the most important, where the total turnover on these two companies amounted to almost PLN 1.03 billion. In turn, the Allegro exchange rate in response to the 6th ABB from the company's entry into the stock exchange dropped by 4.21 percent. at over PLN 483.3 million of trading.
“ABB has spoiled the mood, but in previous cases the sale of shares by the main shareholders only briefly stopped the increase. The problem may be the weakness of the wide market. Changing the trend after the election is one of the scenarios. However, for now, key support is kept. Both on Allegro and WIGs” – they added. “
In addition, it is worth paying attention to energy companies. The President of the Energy Regulatory Office left unchanged the power fee rate for all groups of recipients for the second half of 2025. The PGE exchange rate gained 2.09 percent on Friday. There was information on the market that Citi raised a recommendation for PGE, and the target price of the share was set at PLN 10.80. Tauron listed in mWIG40 fell by 0.74 percent, and the Enea course behaved neutrally.
The lowest CCC exchange rate (-2.01 percent) from mid-March this year, which went below PLN 200 per share. Next week, the company will give results for the first quarter of the financial year. The supply had a general advantage in WIG20 and brought 16 companies down the courses. In addition to PGE, the qualities of Żabka (0.05 percent), Kruk (1.39 percent) and CD Projekt (3.2 percent), which this week turned out to be the smallest company in the Blue Chips portfolio with an increase of about 20 percent.
From the wide market of the Sphinx Polska (32.2 percent) increases in the market, information about the attempt to sell the Sphinx restaurant chain was reflected. The march up continues the Dadelo course (8.93 percent) encouraged by information about the purchase of shares by the president. On the other hand, the sale lasts on highly speculative values such as Rafako (-5.93 percent) or Calenergy (-8.08 percent), where the lack of any information translates into less interest and systematic drooping of the course, after strong increases this year.
