The Friday reduction of the Fitch Perspektywy at the Polish Credit Rating of Poland had a lack of influence on the course of the Monday session. The Warsaw Stock Exchange was the strongest in Europe, but experts warn that optimism may evaporate after a possible negative for the opinion of the opinion of the CJEU spokesman in the WIBOR., Which in a few days.
On Monday, investors did nothing from the prospect of Polish rating from neutral to negative. Stable remained gold, which even gained a bit to the dollar. The markets of raw materials rose, but also gold, which set a new record. Action markets, waiting for the Thursday reading of the August CPI inflation from the USA, grew. In Europe, DAX gained 0.8 percent at the end of trade in Warsaw. He even gained CAC40 (0.7 percent) in anticipation of the fifth premiere in less than two years, after the Monday lack of support for parliament for the Bayrou government is almost decided. In the US, indexes grew. S&PC gained 0.3 percent, and Nasdaq over 0.7 percent
Against their background, WIG20 looked the most strongly, noting the greatest increase of that day among the indexes in Europe. Although there was no negative impact with a reduced rating perspective, let's remember that at the end of last week WIG20 in the last hour he dived, as if “intuitive” investors knew that Fitcha's publication could surprise negatively.
Ultimately, the rating was quickly forgotten, and WIG20 with an increase of 2.05 percent. He noted the best session from August 6. WIG went up by 1.86 percent, mWIG40 finished the day by 1.51 percent. Above, and SWIG80 reached 30 009.91 points, which is a new record of all time. The session was also finished with the highest (29,960.92 points), after an increase of 1.4 percent. Turnover on the wide market amounted to PLN 1.31 billion, of which PLN 1.05 billion concerned companies from WIG20.
“Today's session, looking after the change of WIG20, is surprising, in the context of lowering the perspective of Poland's rating by the Fitch agency. This is the effect of a stronger discount in the last two hours of Friday trade,” said PAP Biziesław Sobiesław Kozłowski, director of the Noble Securities Analysis and Consulting Department.
“The market has recently fallen strongly and is trying to rise, but we will see if there are arguments for cooling this ongoing relaxation. This will depend more on external factors” – he added. Among them he mentioned data from the USA and the upcoming Fed's decision (September 17).
“What will also be important, and what is ignored by some market participants is the opinion of the spokesperson General of the CJEU in the context of WIBOR, which we will know on September 11. The question is whether WIBOR is the right benchmark for loans and whether the banks properly calculated interest rates. The opinion of the Ombudsman General of the CJEU may have significant consequences, if it has been signaled by Risk, but it seems that at this moment there is a negligible probability of his materialization, “he said.
On Monday from the morning, the banking sector increases on the Warsaw court. Among the industry indexes, WIG banks gained 2.42 percent, and that day was the strongest sector benchmark. Behind him were fuels with an increase of 2.37 percent, computer science (1.99 percent) and clothing (1.95 percent). There was only Wig-Food (-0.66 percent) under the line, primarily grouping Ukrainian and Wig-Leki companies (-0.14 percent).
Looking at individual companies from WIG20, the largest increases were recorded by a crow (3.96 percent), and only the second place was the mBank exchange rate (3.44 percent). By 3.16 percent Allegro shares increased, followed by more banks: Alior (3.17 percent) and Santander (2.98 percent). Over 2 percent CCC, PGE, Orlen, PKO and Budimex have gained the qualities. All companies from WIG20 finished the day in the plus, and the Dino course (0.61 percent) passed the slightly slightly growth. The PGE exchange rate gained after estimated results for the second quarter, in which the repetitive EBITDA amounted to PLN 3.27 billion and was higher than PLN 2.9 billion assumed by the market consensus.
Grenevia (30 %) and Bumech (25.93 percent) stood out in the wide market, which announced plans to start production in the defense sector last week. Grenevia announced on Friday about the signing of a letter of intent with the Polish Armaments Group about cooperation. In turn, Bumech wants to produce armored vehicles and has a cooperation agreement with OTT Technologies based in South Africa.
After Friday's premiere of the Bloober Team (-6.77 percent) said that on September 8, 2025, the sale of the game “Cronos: The New Dawn” exceeded 200,000. digital pieces on all platforms. In turn, Wielton (3.71 percent) said that he had registered by 29.2 percent during January-August. More rdr trailers and semi -trailers.
Michał Kubicki
