The Greenland dispute affects the markets and rewards KGHM. The bank's billion-dollar demands are killing the chemical giant from the Warsaw Stock Exchange

Monday's session at Książęca was marked by red, a reaction to the escalation of tensions between Washington and Europe. Although the Polish market performed relatively better than the stock exchanges of countries directly involved in the Greenland dispute, investors had to face the sell-off of blue chips and dramatic news from Grupa Azoty.

At the close of the session WIG20 lost 0.50 percent, reaching 3,267.1 points. Wide index WIG decreased by 0.53%. (121,050.45 points), and the segments of medium and small companies recorded declines of 0.68%. (mWIG40) and 0.54 percent (sWIG80).

Despite the negative sentiment on the markets in Europe (, Polish indices showed greater resistance than the markets in Copenhagen (-2.7%) or Frankfurt (DAX lost over 1.2% and CAC40 1.9% at the end of trading in Warsaw), which could be related to the lack of direct military involvement of Poland in the “Arctic Endurance” exercises, unlike eight European countries (including Germany, France, Denmark, Sweden). and Great Britain), towards which Donald Trump announced a plan to impose 10% tariffs on imports.

KGHM's raw material shield and silver records

It remains a bright spot in the WIG20 index KGHM. The copper giant's shares rose by 2.96%. with the highest turnover on the market (PLN 239 million). The company became the beneficiary of capital flight to safe havens – the silver price increased by over 5%, nominally setting the highest level in history. Copper prices followed suit (1.3%), which allowed the Lubin plant to more than make up for Friday's losses and reach near Thursday's all-time high.

Only PKO (0.35%), Żabka (0.22%) and Orange (0.05%) ended with a slight gain in WIG20. Shares were among the leaders of declines in WIG20 LPP. The shares of the clothing giant fell by 3.3%, falling below the psychological barrier of PLN 20,000. Discount by 1.9%. passed the course CCC. On the other hand Orlen, costing less than PLN 98 per share fell by 1.73%. The prices of Budimex (-1.83%), Grupa Kęty (-1.54%) and Kruk (-1.51%) also dropped significantly. Investors also corrected the price CD Projekt (-1.39%) after a series of previous increases. Over 1 percent in WIG20 he also gave up the Allegro rate.

A disastrous day for Grupa Azoty

There was a negative mood in the chemical sector. Course Grupa Azoty dropped by 5.38 percent. after Bank Pekao's announcement. The loan agent demanded that the subsidiary, Grupa Azoty Polyolefins, immediately repay liabilities worth nearly PLN 4 billion. The coming due of loans drastically worsened the assessment of the liquidity situation of the Tarnów giant.

Secondary stars: Wasko and Creepy Jar

The information from the company caused real euphoria on the broad market Narrowly. The price shot up by 27.55%. after announcing that the company's offer worth PLN 121.6 million was recognized as the most advantageous in NASK's tender for the modernization of LAN networks in schools. Shareholders also had reasons to be happy Medinice (+21.5%) after submitting documents to the FDA.

On the other hand, gaming stood out negatively Creepy Jar (-3.3%), the price of which dropped with high turnover, reaching PLN 14.6 million, which suggests partial realization of profits after an increase of 65%. since the beginning of the year. The company boasted that in just 11 days after the premiere, it sold over 500,000. copy of the game StarRupture in early access, generating $8.7 million in gross revenue.

Waiting for Davos and the Supreme Court's verdict

Analysts emphasized that Monday's trade took place with limited capital activity from the US due to Martin Luther King Day. Market attention moved to Davos, where the World Economic Forum was getting underway. Investors hoped that the presence of Donald Trump and EU leaders would be an opportunity to de-escalate the “Greenland trade war”. At the same time, the market was looking for Tuesday's ruling of the US Supreme Court on the legality of tariffs, which could verify the “TACO” strategy (Trump Always Chickens Out).

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