The key information of the day is the reconstruction of Donald Tusk's government. The announcement of changes, mainly personnel, took place several dozen minutes after the start of the session on the Warsaw Stock Exchange. Since then, the shares ratings have been systematically falling, but as experts emphasize, investors did not bother the local policy on the market. Although there are several important issues.
Mostly observed by foreign investors The WIG20 index at the opening of the day gained a maximum of 1.4 percent. In turn, an hour before closing the session, increases were reduced to 0.4 percent.
Wednesday's WIG20 index quotations
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STOOQ.PL
The exchange of the stock exchange to the reconstruction of the government
“Markets basically did not react to the announced changes. The zloty loses slightly today, but it is related to the dollar strengthening in the wide market. Indexes on the WSE gain, but mainly thanks to the wave of optimism in the face of commercial negotiations with the United States” – comments XTB expert Michał Stajniak.
Indicates that One of the problems of the current reconstruction may be the fact that Minister Domański will now have less time for some changes, which investors have been asking for for a long time. It is about capital profits tax.
“Although the Ministry of Finance has repeatedly announced the upcoming changes, at the moment it can be seen that only on the announcements all potential changes have ended” – emphasizes the XTB analyst.
Government reconstruction. The most important change for investors
In his opinion The most important change in the government is the creation of finance and economy superresort, which from the market perspective seems to be an interesting move. “Certainly, maintaining power regarding further development in the hands of a person respected by financial markets is a good move, taking into account the huge loan needs of the Polish government” – he emphasizes.
The new ministry is to be a clear contract for domestic and foreign investors, as well as for institutional partners, which – in his opinion – should improve the investment climate.
As the main challenge for the new ministry, it indicates an excessive fiscal deficit, which clearly exceeds the level of 6 %, which puts Poland among countries with the highest finance gap.
