Investors responded with enthusiasm to reports of the opening of the Strait of Hormuz, which resulted in strong increases in the main indices and a series of new highs. While crude oil prices were rapidly falling, the prices of several Polish blue chips, carried by a global wave of optimism, reached new historic highs. The debut of the first quantum technology company in Poland and the first on European stock exchanges was also impressive.
The WIG broad market index increased by 1.42% to 135,197.20 points, and during the day it set a new historical record (135,265.91 points). In turn, WIG20, which gained 1.4% and set a new peak of the bull market, testing the level of 3,700 points. The all-time record is now only 6.5%. The medium-cap segment did great – mWIG40 gained 1.40% to 9,307 points, and during the session it reached the highest level in its history (9,316.74 points). sWIG80 was strong, growing by 1.38% (the index remains slightly below the record from January). The turnover on WIG was calculated at PLN 3.04 billion, while in WIG20 it amounted to nearly PLN 2.54 billion.
The mood on the Vistula River corresponded to the situation on external markets. At the close of trading in Warsaw, European stock exchanges were glowing even brighter in green: the German DAX was gaining 2.4%, the French CAC40 was growing by 2.1%. There was also a boom overseas – the S&P500 grew by 1.3% to record levels, and the Nasdaq gained 1.6%, also hitting new records.
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“Risk-on mode”. The Middle East and Trump call the shots
The main fuel for buyers was information coming from Iran. Iranian Foreign Minister Abbas Aragchi announced that the Strait of Hormuz will remain “completely open” to commercial shipping for the duration of the truce. The reaction of the raw materials market was immediate – oil prices fell by 11% to approximately USD 88.4 per barrel.
The biggest manipulator of global financial markets?
When Donald Trump took office for the second time as president of the United States in January 2025, investors on Wall Street realized that this was the return of the era of post trading. Practices well known from the times of his first term of office have now reached a completely new, unprecedented level, which, in the opinion of observers, may be considered stock market manipulation.
Moreover, Donald Trump announced on Friday that the United States is to seize Iran's entire stockpile of enriched uranium without providing any financial resources. At the same time, he stressed that the possible agreement is not related to Lebanon, although Washington is to cooperate with this country separately and deal with the issue of Hezbollah. Meanwhile, a 10-day ceasefire between Lebanese Hezbollah and Israel came into force on Friday. President Trump said the next round of US-Iran talks could take place over the weekend.
Rain of records in WIG20
The portfolio of the largest companies saw a real surge of historic highs. The following companies reached their highest levels in history on Friday: Alior (2.98%), mBank (2.8%), Kęty (3.60%), LPP (1.34%) and Santander (2.05%). Pekao (2.42%) and PKO BP (2.16%). The latter bank was fueled by information about strategic cooperation with the Żabka Group, which is expected to bring 2 million new customers.
CD Projekt (3.85%), whose shares cost PLN 288.40, had a very strong session. This is the highest level since 2021, and the scale of the increase this week was as much as PLN 50 per share. KGHM shareholders (5.92%) also had reasons to be satisfied, supported by rising copper and silver prices.
At the opposite extreme was Orlen (-4.00%). The company from Płock was the weakest link in WIG20, reacting to sharp drops in gas and oil prices and the government's announcements regarding maintaining the lower fuel prices program (CPN).
Quantum debut and cosmic contract
The absolute hero on the broad market was the debutant – Creotech Quantum. The price of the first Polish company from the quantum technology sector skyrocketed by over 78.86%, repeatedly entering the balancing phase due to huge demand.
Quantum spring in Europe. Creotech Quantum and others in pursuit of the American bull market
The debut of Creotech Quantum is not only a local event, but an element of a broader, continental trend called “Quantum Spring”. European companies, encouraged by the incredible growth of their counterparts overseas, are increasingly boldly seeking capital from stock exchange floors.
Syn2Bio (19.58%) made its debut on Wednesday, but it was only on Friday that relatively smooth trading was possible. On the debut day, the price was balanced all day, and on Thursday, some transactions were concluded in the morning, after which trading was suspended again.
Also attracting attention was the March debut on the main market (transfer from NewConnect), i.e. Scanway (14.32%), which announced the delivery of imaging systems for the Titan satellite mission carried out by SpaceX.
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