Several records were broken on the WSE. Four-digit mBank, strong Budimex and 120 percent on NewConnect

The great mood on the WSE led WIG20 to a new bull market peak. Historical records were broken by WIG and mWIG40, and among specific companies the values ​​of Budimex and mBank shone. The latter's prices closed above PLN 1,000 per share for the first time. The company debuted on New Connect and its price increased by over 120%. at the first session.

Not only the Polish share market, but also the Polish zloty is exceptionally strong this year. Usually, when the WSE indices stand out from the core markets, it is accompanied by the relative strength of the Polish zloty. This is also what has been happening in recent days, when Polish indices, especially WIG20, are shining in strong green and the zloty is gaining against the main currencies of the world. Investor demand for shares of Polish companies is not detached from the general good mood on the stock markets, related in recent days to the expected agreement between the US and China and the expected Wednesday interest rate cut by the Fed.

On Tuesday, WIG20 increased by 2.03%. up to 3041.52 points During the day it was as high as 3,046.47 points, which is a new peak of the ongoing bull market. The historical record is less than 900 points higher, but this is still a path requiring an increase of about 30%. Historically, WIG is once again the highest (previously on Monday), which reached 113,578.40 points. At the end of the day slightly lower after an increase of 1.65%. mWIG40 also holds a record with 8,222.20 points. It ended the session almost 17 points lower, after an increase of 1%. The sWIG80 was below the line, losing 0.37%. The strength of demand was confirmed by the turnover, which on the broad market amounted to PLN 2.39 billion, of which PLN 2.08 billion concerned companies from WIG20, which on Tuesday was the strongest main index in Europe.

Perhaps the return of foreign investors' interest in our stock exchange should be linked to the conclusions of the recently concluded meeting of world finance in Washington, where financial leaders from around the world, including finance ministers, heads of central banks and representatives of international institutions, gathered on the occasion of the annual meeting of IMF and World Bank members on October 13-18. In relation to Poland, the IMF maintained its GDP growth forecast in 2025 at 3.2%. and in 2026 at 3.1 percent.

“Poland – rather positive sentiment towards our country dominated. Good GDP results, falling inflation. The issue of growing public debt did not resonate as in domestic discussions,” wrote analysts from Pekao in a comment after the meetings in the US. In any case, more or less since the end of the meetings in Washington, there has been unwavering demand for the WSE, which has led WIG20 to a new bull market peak. Just not as part of its double version.

Postcards from Washington, i.e. a picture of the global economy and markets emerging from a series of conferences and meetings accompanying the Word Bank and IMF congresses.
🔹 First of all, a change in the current paradigm could be felt. There was much less criticism of President Trump's agenda.… pic.twitter.com/LDXEDsC9iC

— Pekao Analyzes (@Pekao_Analizy) October 18, 2025

In WIG20, the prices of 19 companies increased. Only Kęty is below the line (-0.32%). The largest increase concerned Budimex shares, which gained 7.85%. The construction company published its results for the third quarter, which turned out to be in line with expectations, but in 2026 the Group expects an acceleration in revenue growth.

The prices of commercial companies such as CCC (6.31%), Pepco (4.34%), and LPP (3.70%) showed positive results. Banks were strong, with increases in Pekao (2.9%), PKO (2.11%) and, above all, mBank (4.96%), which closed the session above PLN 1,000 per share for the first time in history. The exchange rate ended at PLN 1,045. Earlier in August, we managed to close it at PLN 1,000. During the day, Orlen was also the highest this year (PLN 99.65), but ended the session with an increase of 1.04%. at PLN 98.20 and with a valuation of PLN 114.9 billion.

Today, shares of BASEIG, a Poznań-based company from the fashion-tech sector that combines artificial intelligence, e-commerce and clothing production, debuted on the NewConnect market. The price increased by 122.86% on its debut, and before 12:00, i.e. less than an hour after the start of trading, trading was suspended due to the proportional predominance of buy orders at each price.

Michal Kubicki

Source: