2025-11-13 17:36
publication
2025-11-13 17:36
From a boom record to an abyss – this is how the behavior of the main index of the Warsaw Stock Exchange could be summarized during Thursday's session. Among the top companies, the shares of Żabka stood out positively, as its main shareholders ended up selling 10% of their shares to ABB. The results were reported by BOŚ and Handlowy banks.
After Wednesday's decline on the WSE, Thursday started with strong increases in stock indices and before 10:00 a.m. WIG20 set a new record for the bull market at 3,066 points. Later it only got worse. After 4:00 p.m. the blue chip index dipped below the reference point.
Ultimately, WIG20 ended the session losing 0.23% and retreating to 3,016 points. WIG fell by 0.20%, MWIG40 gave back 0.11%, and the SWIG80 index decreased by 0.34%.
The turnover on the Warsaw Stock Exchange amounted to PLN 2.14 billion, of which PLN 1.87 billion was allocated to shares of companies from the WIG20 index. The leaders in terms of turnover were Żabka (PLN 394 million), KGHM (PLN 251 million) and PKO BP (PLN 202 million).
The session after the end of the over 40-day shutdown in the US did not bring any growth to the US indices. When the session ended in Warsaw, the S&P500 and Nasdaq were losing 1.12% and 1.59%, respectively. The main European stock exchanges also performed poorly. At 5 p.m., the DAX was retreating 1.28%.
In Poland, the most important macroeconomic reading on Thursday was the preliminary estimate of GDP dynamics in the third quarter. The indicator turned out to be 3.7% higher than in the corresponding quarter of the previous year, which was in line with analysts' forecasts. This is the highest annual GDP growth since the third quarter of 2022.
Major shareholders are throwing in shares, Żabka is growing
The undisputed leader of Thursday's session in WIG20 was Żabka, whose shares increased by 4.59%. Investors reacted in this way to the information about the sale of 100 million shares of the company (approx. 10% of the capital) in the process of accelerated book building. Behind it were two main shareholders of Żabka – Heket Topco and PG Investment Company. The initial offer was 70 million shares, but eventually the stake was increased and the value of ABB was PLN 2.15 billion.
PGE's prices increased by 1.54%. The company continued its recovery after the slide on November 7, which followed the presentation of the presidential bill limiting energy prices. The Minister of Funds and Regional Policy, Katarzyna Pełczyńska-Nałęcz, said on Thursday that the proposal included “interesting systemic solutions”.
CCC shares gained 1.40%, and mBank shares gained 1.14%. The Dino price increased by 0.84%. As reported in the company's Wednesday ESPI announcement, a member of its supervisory board bought 40,000 shares at an average price of PLN 42.1. Kęty (+0.69%), KGHM (+0.46%), Orlen (+0.25%) and Alior (+0.05%) were also above the mark.
Pepco shares lost the most in the WSE blue chip index on Thursday, losing 4.37%. Budimex (-2.50%) and CD Projekt (-2.47%) also performed poorly.
Among the second row of companies listed on the Warsaw Stock Exchange, Bank Handlowy and BOŚ stood out, as they presented their results for the third quarter that day. In the case of the former, the reporting period ended with a net profit of PLN 469.4 million, which meant a large year-on-year increase and the result above analysts' expectations. Shares of Bank Handlowy increased by 0.44%.
BOŚ, whose shares lost 6.83%, was the weakest company in the SWIG80 index. All this despite the fact that, as reported by the bank, the group's net profit in the first-third quarter of 2025 amounted to PLN 85.7 million, i.e. increased by 108.8% year-on-year.
Prepared by MM
