Raid of drones from the East. The gold and the stock exchange react with declines


After a raid of ten drones (NATO information) to Poland from the east, the zloty immediately interrupted his march to strengthen. Perhaps exporters such as JSW or KGHM will be satisfied with this, who settle most of the costs in gold, and revenues in dollar, but the zloty weakened by 0.5 percent. relative to the dollar, reaching the exchange rate almost PLN 3.65. In addition, it weakened by 0.4 percent. compared to the euro to almost PLN 4.27 at the highest point of the day.
The whole situation will not have a negative impact on the possibilities of financing a gigantic deficit by Poland. The profitability of 10-year bonds in Złoty increased, but only 0.013 percentage points. Compared to Tuesday up to 5.473 percent This means that the government will have to pay about such as many interest from such bonds. In this respect, it can be said that the reaction is very mild, not very noticeable.
However, a negative reaction can be seen on the stock exchange. Although other stock exchanges in Europe are growing, Poland is falling quite clearly. The WIG20 index loses 1.2 percent Interestingly, among others, thanks to the KGHM campaign, which included the third largest decline in the WIG20 portfolio after Alior and PKN Orlen. All three companies lose over 2 percent and in the greatest extent affect the decline in the main stock exchange index.




