2025-12-04 17:30
publication
2025-12-04 17:30
On December 4, during Miner's Day, shares of most mining companies fell on the Warsaw Stock Exchange. Thursday's session proceeded without a clear direction and WIG20 decided to make a strong upward move only in the last minutes of trading. Among the largest companies, Pepco shares performed best that day.
On Thursday, December 4, the WIG20 index, which was just above the reference point after 3 p.m., bounced north in the last minutes of trading and ended the day at 2,962 points, gaining 0.58%. WIG increased by 0.46%. MWIG40 fell by 0.98%. SWIG80 lost 0.15%.
The value of trading on the broad market amounted to over PLN 2 billion, of which PLN 1.75 billion concerned companies from the WIG20 index.
There were no important readings in the economic daily schedule. After hours At 3:00 p.m., the President of the National Bank of Poland delivered a speech after the December interest rate cut. Adam Glapiński emphasized that inflation was within the target of the National Bank of Poland and, according to forecasts, it is to remain within its target also next year. At the same time, he emphasized that the NBP would not rest on its laurels and would continue to monitor the situation.
Inheritance Barbórka on the Warsaw Stock Exchange
On St. Mary's Day, or Miner's Day, most mining companies listed on the Warsaw Stock Exchange experienced declines. Over 140,000 people work in the mining and extractive industry in Poland. people. On the occasion of the holiday, most miners received St. Barbara's Day awards worth close to a month's salary. This amount was paid, among others, by: Polska Grupa Górnicza and KGHM.
JSW decided to cut the bonus to 30% of remuneration due to the poor situation within the company. The financial results presented last week show that JSW's net loss after three quarters of 2025 cumulatively reached PLN 2.9 billion.
Barbórka in the shadow of the crisis. PLN 6 billion in mining losses and a race against time to amend the act
After a period of high prices and increased demand for domestic coal three years ago, the situation of raw material producers has been deteriorating year by year and is now critically difficult. Low demand and low prices reduce the revenues of coal companies, causing a multi-billion gap that has so far been filled with saved and public funds.
KGHM shares gained 0.99%. The company's quotations remain on track to break the all-time record of PLN 230, which they achieved in 2021. Remaining in the mining sector, JSW shares fell by 3.33% on Thursday. Bogdanka's prices retreated by 2.61%. Coal Energy lost 2.53%.
Pepco leads the WIG20, PGE is at the other end of the index
Pepco shares gained the most in the WIG20 index on Thursday, adding 3.22% to the valuation. The second strongest company in the index that day was PZU, whose quotations strengthened by 1.70%. Orange shares increased by 1.57%. The company announced on Thursday that it had signed a social agreement with trade unions for 2026-2027, under which a maximum of 1,000 employees will be able to take advantage of voluntary departures.
With a very high turnover exceeding PLN 440 million, Allegro shares increased by 1.43%. After Wednesday's session, the company announced the closure of its share buyback. As part of the program, 4.66 million of the company's securities were purchased.
The weakest WIG20 company was PGE, whose prices dropped by 2.62%. The president of Polska Grupa Energetyczna appeared at St. Mary's Day celebrations in Bełchatów, where he said that nuclear energy would be the strategic goal and direction of the company's activities. PGE shares have lost over 20% in the last month.
Dino's quotations were also below the line on Thursday (-1.95%). “The network's employees complain about difficult working conditions, low wages and lack of social benefits,” Katarzyna Wiązowska, editor of Bankier.pl, described in a new text.
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