It was one of the strangest sessions in the history of the WSE. “Uncertainty remains high”

The Monday session at the Warsaw Stock Exchange was one of the strangest in the history of the WSE – believes Konrad Ryczko, an analyst at DM BOŚ. In his opinion, uncertainty in the markets remains very high, which may result in further variability in anticipation of further information on US trade policy.

“Today's stock market session on the dance floor at Książęca Street will go down in the history of the domestic capital market. The number of unique events could be given to the entire quarter, and not only about 8 hours of trade,” Konrad Ryczko, DM BOŚ analyst, wrote in the commentary.

As he pointed out, the morning events in Asia suggested a nervous start to trade.

“Hang Seng (after Friday's day without trading) fell 13.2 percent, while Nikkei lost over 8 percent. In addition, the discount of cryptocurrencies suggested that Friday's supply on the markets could dominate again. Ultimately, the Futures Futures on WIG20 opened with a decrease by a 5.7 % decrease, and the discount was further deepened to -8.7 % of the cash register (WIG20) Minima at 2,295 points, which meant a decrease of nearly 7 percent – Ryczko wrote.

In the afternoon, the WSE announced the suspension of quotations due to the safety of trading in all markets from 15:15 to 16:15. It was indicated that from 16:15 to 16:30 there will be a phase of receiving orders and resumption of continuous quotations will take place from 16:30.

As Ryczko assessed, “this event can be described as extraordinary.”

After The 18th WSE informed in a statement that the temporary suspension of the listing on Monday was due to the record number of brokerage orders from the beginning of the session, which could lead to the stability of the transaction system. As stated, the number of operations on brokerage orders exceeded the average by over 300 percent. And it was 40 percent higher compared to the session on April 4, 2025. The WSE said that an exceptionally large number of incoming and modified orders was intensified by the activity of algorithmic trade strategies.

The GPW explains that it has decided to stop trading for an hour to avoid the risk of achieving the transaction system stability limits.

As noted by the DM BOŚ analyst, in the afternoon the global joint -stock market dynamically reflected after it was stated that US President Donald Trump was considering moving his duties and tariffs to 90 days (outside China). A dozen or so minutes later, messages appeared indicating that the information is untrue.

“This generates ankle volatility, because the market lives mainly with the issue of US trade policy and the risk of a recession scenario associated with it. From a market point of view, today's panic on the WSE, classically, activated the demand from outside the order sheet levels, which will maintain variability in anticipation of further events around the US trade policy.

Before the suspension of Monday, WIG20 dropped by 2 percent. and amounted to 2,418.2 points Immediately after the resumption of quotations at 16.30, the Blue Chip index dropped by 0.56 percent. up to approx. 2.455 points

At the Monday closing of the WIG20 session it fell by 1.49 percent, to 2,431.32 points. WIG lost 1.47 percent and amounted to 87,727.11 points mWIG40 reduced by 1.28 percent to 6.706.60 points, and SWIG80 went down by 1.77 percent. to 25,318.19 points Turnover on the wide market exceeded PLN 3 billion. (PAP Biznes)

Pel/ Ana/