The holiday week started on a positive note for the Polish stock exchange. The main indices broke new records, standing out among European markets. Among the largest companies, Pepco and KGHM performed best that day.
On Monday, December 22, a new all-time record was set by the WIG index, which gained 0.89%, reaching the level of 116,571.84 points. The 17-year peak was marked by WIG20, which gained 0.86% and ended the session at 3,173.5 points. Compared to the main indices, MWIG40 also had nothing to be ashamed of with an increase of 1.28%. Small companies and SWIG80 performed worse, increasing by only 0.1%.
The Warsaw Stock Exchange stood out in terms of growth compared to European stock exchanges, where at 17:00 the German DAX was losing 0.04%, and the French CAC40 and the British FTSE100 were retreating by approximately 0.3%. In the USA, however, the beginning of the session was in a good mood. The S&P500 gained 0.63% and the Nasdaq rose 0.55%.
On Monday, the turnover on the WSE broad market reached almost PLN 1.46 billion, of which approximately PLN 1.15 billion was accounted for by trading in shares of companies from the WIG20 index. The standouts were KGHM (PLN 205 million), Orlen (PLN 111 million) and PKO BP (PLN 108 million).
Metal records and KGHM records
Among the top twenty companies of the WSE, Pepco's shares performed the best on Monday. The company's shares rose by 5.02%, returning to growth after profit-taking last week. The company is supported by recent financial results and solid prospects for next year and the holiday season.
The second brightest point in the WIG20 index were KGHM securities, which gained 4.37%. The company is supported by the situation on the commodity markets, where on Monday we saw new record prices for copper ($11,996 per tonne), gold ($4,464 per ounce) and silver ($69 per ounce). KGHM shares are also currently the most expensive in history and cost PLN 272.4.
Orange shares gained 3.05%. The market may be influenced by the information released on Friday about the preliminary agreement between the telecommunications company and APG, which assumes the joint takeover of Nexera Holding, a wholesale fiber-optic internet operator in Poland.
Orlen's shares increased by 1.85%. A Norwegian company from the Polish giant's group bought shares in the Albuskjell and Vest Ekofisk deposits in the North Sea. the transaction will increase the company's resources by approximately 8 million barrels of oil equivalent. CD Projekt's quotations gained 1.57%. Next year, an expansion for The Witcher 3 will be released and a marketing campaign for The Witcher 4, the studio's most anticipated project, may begin.
The red light of WIG20 were CCC shares, which lost 2.95%. The quotations may still be affected by the “Financial Times” reports from last week. More recent information: CCC announced on Friday that its company Modivo signed an annex to the agreement with PKO BP, extending the availability of the credit limit to PLN 180 million until the end of 2026.
The shares of Pekao were also damaged, with a decline of 1.25%, and Budimex, whose shares dropped by 1.11%, lost the shares of Budimex. The court found that the group companies distorted competition in the PSE tender and dismissed the complaint filed by the issuer.
The Ministry of National Defense takes over Huta Częstochowa, JSW is growing
In the index of medium-sized companies, Dom Development's shares were at the forefront on Monday, increasing in price by 6.67%. Thus, the company made up for most of the losses from last week, when its stock prices were affected by information about a cyber attack and the theft of its customers' data. In the longer term, the largest Polish developer on the stock exchange should benefit from interest rate cuts.
The shares of Synektik gained 5.56%, which announced the conclusion of an important contract for the supply, assembly, installation and launch of a robotic surgery system (da Vinci) for the Lublin hospital. Stefan Cardinal Wyszyński. The value of the contract is over PLN 20 million. In addition, the company's management board recommended the payment of almost the entire net profit for the financial year ended in September 2025 as a dividend.
By noon, JSW's quotations were also rising above 5%. Ultimately, the company's shares ended the session with an increase of 1.68%. The weekend reports about the takeover of Huta Częstochowa by the Military Property Agency could have been a positive impulse for the exchange rate. Minister Balczun announced in the fall that JSW would be included in the supply chain for Polish steelworks. In the afternoon, the market received information about changes in the supervisory board of JSW.
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