Banks versus consumers. KGHM gains silver at the rally and through the problems of the competition

The PORTACE Session on the WSE did not bring major changes to the WIG20 index, which, however, was under strong pressure from the supply sector. Consumer-based companies and the extremely strong qualities of KGHM were a counterweight.

Although last Friday in the evening, this time, Moody's agency reduced the perspective of credit rating for Poland, it was a expected decision and, like two weeks ago, in the case of the Fitch agency assessment without a major impact on the listing of the Polish currency. The forecast decrease in Poland's creditworthiness in the context of the growing debt is, as a consequence, further foreign investors from the Polish debt market, and thus an increasing share financed, among others by national banks. These were doing very poorly on Monday, which, however, was also observed in the base markets. WIG-Banki fell during the session by 1.79 percent, but Eurostoxx Banks lost 1.4 percent.

The entire wide market referred to the external moods. Listed under the WIG20 line, he reduced the losses in the last hour of the session, but most of the day his attitude correlated with what was happening on other stock exchanges in Europe. Dax lost 0.7 percent About 0.5 percent They lost blue chips in London and Paris. At the end of trade in Warsaw, the indexes slightly increased. In London, FTSE100 even came out. In the light plus there were also indexes for Wall Street, which meant subsequent records. Detail sales results published by the Central Statistical Office were support for WSE companies based on the strength of the Polish consumer.

Ultimately, WIG20 gave only 0.02 percent, with WIG decreases by 0.005 percent There was also mWIG40 (-0.29 percent, and the SWIG80 (0.07 percent) ended in the plus.

The weakness of the banks was clear and the companies from this sector were distinguished by the largest declines in WIG20. Santander fell by 3.13 percent, mBank reduced by 2.95 percent, Alior gave 1.81 percent, and the largest PKO and Pekao fell on 1.68 and 0.87 percent, respectively.

The counterweight to highly cheap banks was built on the shares of companies whose course was supported by data on the condition of the Polish consumer. He strongly gained the Pepco (6.3 percent) and CCC (3.11 %) course, slightly less DINO (1.33 percent) and LPP (0.36 percent). The reference limits was the Allegro exchange rate (-0.04 percent), but they lost the qualities of Żabka (-0.87 percent).

On the plus side, the values ​​of KGHM (3 percent) stood out in the Blue Chips wallet, which followed the more expensive copper from the morning (the price exceeded $ 10,000 per ton) and the ups of silver prices, which knocked out new dozen years old. KGHM is one of the largest silver producers in the world. An accident, in the second largest copper mine in the world – Grasberg in Indonesia – an accident happened, which means a two -week suspension of her work. Increases per KGHM remained until the end of the day, although the company said that the sale of copper by the group in August was 7 percent lower. rdr. and production has fallen by 1 percent. rdr.

The second winger supporting the WIG20 result was the CD project course (1.76 percent). Over 1 percent He also gained a Kęty course (1.33 percent), which showed estimated results for the third quarter. Orlen (0.86 percent) and PGE (0.92 percent) did quite well.

On the so -called The wide ASBIS market (1.39 percent) estimated that his consolidated revenues in August 2025 increased by 36 percent. rdr. Amica (8.07 percent), published a semi -annual report that investors liked. After estimated results, traction actions (1.19 percent) gained. In turn, Torpol (1.04 percent) signed a large contract with PKP Polskie Linie Kolejowe to make a railway line between Kartuzy and Lębork.

Michał Kubicki

Source: