The best session of December. WIG20 returns above 3,000 points, investors grab their knives and take profits
On Tuesday, the main indexes of the Warsaw Stock Exchange were unrivaled in Europe and the world. WIG20 had its best session since the end of October, returning above 3,000 points. Investors bought up the previously depreciated shares of Dino and CD Projekt and realized profits on KGHM. However, the company's quotations ended the day with a rally, driven by record silver prices.
On Tuesday, the WSE indices clearly stood out compared to other global stock markets. When trading ended in Warsaw, the session on the US stock exchange was calm with a slight increase in the main indices. Investors seemed to be waiting for Wednesday's decision on interest rates. The Nasdaq gained 0.14%, and the S&P500 strengthened 0.12%. The situation was slightly different on the stock exchanges in Paris and Frankfurt. At 17:00 CAC40 was losing by 0.74% and DAX was rising by 0.34%.
WIG20 gained 1.91% on Tuesday, reaching 3,010 points. The WSE blue chip index had a massive rally during the last two hours of the session, and the scale of the increases made Tuesday's session its best day since the end of October. WIG increased by 1.63%. MWIG40 added 1.18% to the valuation. SWIG80 ended the session up 0.16%.
The turnover on the Warsaw Stock Exchange amounted to PLN 2.2 billion, of which approximately PLN 1.85 billion was related to shares of companies from the WIG20 index. The leaders in terms of turnover were PKO BP (PLN 252 million), Allegro (PLN 250 million), Orlen (PLN 199 million) and KGHM (PLN 198 million).
Catching knives, taking profits and a silver record
The growth among the largest WSE companies was led by the shares of CD Projekt, which increased by 4.03% as investors went shopping after the declines at the end of last week. The second place in the index was taken by Budimex with an increase of 3.62%
The shares of Dino, which has been battered in recent months, have rebounded north. The company's shares, which dropped to the lowest level in a year on Monday, gained 3.57% on Tuesday, which was the second best result in the WIG20 index.
Kęty also gained over 3%. Securities of most of the largest banks also performed very well, with PKO BP (+2.75%) and Alior (+2.67%) leading the increase, followed by Pekao (+2.19%), Santander (2.09%) and mBank (+0.90%). The shares of Allegro, the second company in terms of turnover on the WSE, gained 2.48%.
Until the end of the session, the declines in the index of large companies were led by KGHM shares. Many investors could be tempted to take profits after a powerful upward trend. 1.5 hours before the end of trading, the company's quotations were losing approximately 1.5%, but then there was a sudden turnaround. Ultimately, the stock gained 0.6% on Tuesday. A new record in silver prices, which exceeded the price of $60 per ounce, could have added to their tailwinds.
PGE shares gained 0.52% after changes in the management board took place on Monday. Dariusz Marzec resigned from the position of president, and Dariusz Lubera took over temporarily. We described the situation of Polish energy companies in Tuesday's text “The energy sector is waiting for the verdict from the Energy Regulatory Office. The electricity to the stock exchange has already been cut off“. Only two companies from the WIG20 index were below the line – Żabka (-0.23%) and Kruk (-0.37%).
Among medium-sized companies, the shares of Asseco Poland (+6.19%) and Millennium (+3.52%) were at the top of the MWIG40 index. Rainbow Tours shares increased by 3.50%. The company announced in a press release that pre-sales of tourist events for the winter 2025/2026 season amounted to 144,605 people by November 30, which means an increase of approx. 8.2%. compared to the result from last year.
Shares of XTB went up by 2.52%, and on Tuesday it launched a new “Give a gift” function, enabling customers to give shares to others as a gift. On Monday, the National Depository for Securities announced that over 400,000 shares were opened with the broker this year. brokerage accounts.
At the other end of the index was Voxel (-1.75%), followed by JSW shares (-1.65%), which continues its declining series. The company's shares have not been this cheap since the beginning of July.
The gains in SWIG80 were led by shares of Fore (+10.73%), Ailleron (+8.97%) and Polimex Mostostal (+8.43%). The improvement in quotations was not accompanied by any news on the ESPI channels of the mentioned companies.
On the other side of the table in the small-cap index on Tuesday, there were Bumech shares, which returned 10.72%. On Monday, the company approached the trustee of Przedsiębiorstwo Górnicze Silesia with an offer to lease a hard coal mine.
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