There was a lot going on on the oil market at night. Prices first jumped sharply and then fell sharply. Red is the dominant color on stock exchanges from Asia to Europe. However, there are examples of companies and larger indices that can increase in value.
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On the night from Wednesday to Thursday, Iran carried out a series of missile and drone attacks on targets in the Middle East, including Saudi Arabia, Bahrain and Kuwait. This briefly pushed oil prices on global markets above $100. per barrel. Before 10 was a little cheaper, because Brent was valued at $97 and WTI at $92.
See also: Fuel and crude oil prices without secrets. Compendium of knowledge
Oil above $100 again. How are stock exchanges in Europe reacting?
The first investors from stock exchanges who could react to the increased tension in the Middle East were, of course, Asians. The main indexes there end the day in red colors, although the declines are not very large – they do not exceed 1.5%.
The main indices of European stock exchanges also started in the redexcept for the Italian FTSE MIB and the Russian RTS, which are about 0.5 percent. above the line. The rest loses value on a similar scale. The situation is similar on the WSE.
Most of the largest companies listed on the Warsaw Stock Exchange are losing value. Orange closes the table — after a quarter of an hour it is less than 2 percent. in the red. The situation with Budimex and Kruk is not much better.
There are also blue chips whose owners can breathe a sigh of relief and even count profits. The best examples are Allegro and Pepcowhose shares are growing by about 3%.
Orlen is strongly linked to crude oil prices, and its prices are currently slightly positive (0.3%).
The situation on the markets is slowly becoming clearer
“There is still uncertainty in financial markets, but volatility is slowly starting to decline. Oil prices are also stabilizing, although in the case of Brent grade they still fluctuate around USD 100. per barrel, even despite the record release of reserves by members of the International Energy Agency (including the USA),” we read in the morning commentary of analysts from the Alior Bank Brokerage House.
They also indicate that the situation is slightly calmer on the Polish debt market, although the yields of long-term treasury bonds have still not returned to the levels before the outbreak of the war in Iran.
They point out that quarterly results of companies will have an impact on quotations locally. In the morning, Allegro and PKO BP presented reports, in both cases clearly beating market consensus on the level of net profit (and PKO's total profit for 2025 exceeded PLN 10 billion, which is a record in the Polish banking sector).
