The rocket debut of President Studio and evacuation at Rafako. Emotions on the Warsaw Stock Exchange
The most important Polish index again scored a better second half of the day, ending the session of over 1 percent. higher than daily minima. It was only enough to reduce losses and meant the extension of the consolidation system. Investors' attention was focused on the Pepco course, and the smaller companies are worth mentioning the ongoing collapse of Rafako quotations and a great debut at NewConnect, where the course on the first day on the Small Stock Exchange was doubled.
Strong WIG20 increases from the beginning of the week (Monday, Tuesday) were corrected in the next two days in which the session scenario looked quite similar – the poor first part of the trade (not counting the opening) and the better condition of the index in the afternoon. On Wednesday, WIG20 closed 1.1 percent. Above the session minima, on Thursday it was also 1.1 percent. above, but also over 1 percent Below from the daily maximum from the morning.
It is worth noting that the declines at WIG20 are held despite the weakening dollar, which is the cheapest for three years to zloty. On external markets in Europe there was a rather neutral sentiment with small increases in CAC40 or FTSE100 and a small DAX decline, and on Wall Street indexes slightly increased at the end of trade in Warsaw.
Ultimately, the SGW session ended with a decrease in WIG20 by 0.89 percent. In turn, WIG gave 0.79 percent, with a decrease in mWIG40 by 0.7 percent and SWIG80 discount by 0.42 percent Turnover on the wide market was calculated at PLN 2.2 billion, of which PLN 1.95 billion concerned companies from WIG20.
Blue chips portfolios this time recorded the increases of 7 companies with declines 13. The most powerful the values of PZU (-2.64 percent), Budimex (-2.62 percent), and Dino (-2.06 percent) and Żabka (-2.01 percent). Over 1.5 percent Under the line there were CCC, KGHM, PKO courses, and over 1 percent Still Pekao, CCC and Kęty and the Orange group. According to the Bloomberg agency, Citi analyst Andrzej Porzyża lowered the recommendation for PZU to “Sell”, and the destination price of the share was set at PLN 55.9.
On the green side there were, among others LPP shares (0.31 percent) after publication of results for the first quarter of the financial year. The company clearly beat the consensus, but reduced the sales goal for this year (2025/2026).
The PGE course (0.6 percent) also scored increases, but it was a little convincing reaction to the group's strategy announced on Thursday for the next 10 years. It was mentioned that it was planned to return to regular dividend payment.
The Pepco group course (3.72 percent) stood out, which announced that he had a buyer for a “symbolic amount” on the Poundland chain. The increases of other companies, including Orlen, Santander, CD Projekt and mBank did not exceed 1 percent.
On the wide market by 3.02 percent The qualities of 11 bit studios increased. The first very good ratings of industry media about the game “The Alters” appeared, which is to premiere on Friday. It is worth recalling, however, that last year, “Frostpunk 2” collected high media ratings, but the premiere did not go for investors and the company itself.
JSW (-1.78 percent) on Wednesday before the end of the session presented the assumptions of the technical and economic plan, in which he plans to produce coal at 13.37 million tons, but also stated that the JSW supervisory board positively approved the board's application and granted consent to the redemption of FIZ investment certificates. Synektik (3.45 percent) said that in the first half of 2024 financial (October 2024 – March 2025) his revenues amounted to PLN 327.8 million against PLN 359 million a year earlier.
The sale of Rafako shares (-35.10 percent) is underway, which has already been overestimated by 87 percent from the end of April. Soon, the rotation of shares on the WSE due to the final declaration of bankruptcy is to be suspended, and investors have realized that “Rafako help” does not mean saving the company, but consists in maintaining jobs using its assets by another entity.
Echiem on the Small NewConnect stock exchange was reflected in the debut of another company in the game industry. The President Studio exchange rate gained 112.89 percent in the debut, although at times the shares were more than 130 percent.
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