Business

CD project shares gain through … a job offer? Automotive departs to undecided WSE indexes

The resulting season flourishes on the WSE, but the main indexes of the Warsaw Stock Exchange are still unable to break the stagnation. During the Thursday session, we again observed their balancing between supply and demand, which ended in small declines.

CD project shares gain through ... a job offer? Automotive departs to undecided WSE indexes
CD project shares gain through ... a job offer? Automotive departs to undecided WSE indexes
photo: Velimir Zeland / / Shutterstock

Flauta continues on the Warsaw Stock Exchange. The WSE indexes did not help on Thursday or positive sentiment on foreign markets and a reduction in percentage rates in the United States, or domestic macroeconomic readings (industrial production and remuneration data). The side trend was extended and WIG20 ended the session of only 0.7% above the level at which September began.

Until the end of trade, the WSE indexes balanced around the reference point, serving us a session without major emotions and a clear direction. Eventually, WIG20 lost 0.14%on Thursday, going down to 2809 points. WIG has been devastating to 105,564 points, losing a cosmetic 0.05%. mWIG40 gained 0.13%. SWIG80 did not drop in, which he increased by 0.43%.

The value of turnover on the WSE amounted to less than PLN 1.65 billion, of which approx. PLN 1.36 billion concerned companies from the WIG20 index. Investors mainly traded in PKO BP (PLN 262 million), Allegro (PLN 211 million) and PZU (PLN 117 million).

Bankier.pl

CD Project shares gain through a job offer?

On Thursday, CD Project Actions turned out to be the king of WIG20, which, which, which ended the session by gaining 2.30%. Perhaps the company was helped by a new job advertisement captured by industry portals for the position of Lead Network Engineer, to work at the second part of the game Cyberpunk 2077. This means that the title will probably gain multiplayer mode.

Żabka (+2.25%) and mBank (+1.93%) came in the following places. In the bank's strategy just adopted for 2026-2030 it was declared that The company wants to regularly pay a dividend from net profit. Its purpose is a gradual increase in the dividend rate from 30% in the first year to 75% in the last year of the strategy horizon.

1.83% gained PEPCO shares. The company's direct competitor, i.e. the German KIK discount chain, is experiencing serious problems. As “Super Express” said on Thursday, Pepco's rival plans to close 400 stores on the domestic market and is just reviewing to select branches that will go to liquidation.

In addition to the listed companies, Budimex (+0.69%), Alior (+0.67%), Dino (+0.19%) and Pekao (+0.11%) also ended in the plus session.

PGE campaigns that lost 2.26%presented the worst among Blue Chips on Thursday. At the end of the Wednesday session, the company announced that the working time of the Dolna Odra power plant will be extended. As stated in the announcement, energy production in this ward has been gradually decreasing for years, and at high maintenance and renovation costs, coal units are permanently unprofitable.

1.47% reduced Orange papers. 1.16% lost Allegro shares, which presented the results for the second quarter on Thursday. The group's revenues increased by over 10% to PLN 2.972 billion, slightly beating the market expectations. However, the dominant unit's net profit turned out to be 3.0% lower than the market consensus, reaching PLN 385.7 million. The company also recorded an increase in the activity of Chinese competition in Europe.

Automotive rules among medium -sized companies

In the index of medium -sized companies, companies from the automotive industry managed best. 6.92% gained AUTO AUTO Partner, which published the results for the second quarter. The group generated a net profit of PLN 57.9 million in it. During the session, the company's vice president announced that Auto Partner would launch a pilot warehouse in western Germany. He added that after opening the hub in Zgorzelec, the company expects to accelerate export dynamics.

In turn, Inter Cars raised by 3.42%. Thanks to two companies from MWIG40, WIG-Motorization was on Thursday the strongest sector of the WSE, going up by 4.17%. On the other side of the market among medium -sized companies, Lubawa was, discounted by 3.75%.

The SWIG80 index was unmatched by Selvity, which fired by 16.72% after the presentation of quarterly results. The company managed to increase revenues and reduce the net loss. As reported in the presentation, the stabilization of market sentiment observed from the turn of the second and 3rd quarter has increased sales dynamics.

6.71% lost after the results of Pekabeks, which finished the second quarter with the results below market expectations (PLN 3.1 million of operating profit and PLN 0.4 million net profit of the dominant unit).

Mm

Source:

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button