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Tuesday, September 28, 2021

Historic day on the Polish stock exchange. A new all-time record

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At the end of Monday’s session, the growth of the largest companies listed on the WSE strengthened, making the WIG20 one of the leading European indices. At the close, the sWIG80 broke the 2007 peak and set a new all-time record.

At the close of Monday’s quotations, the WIG20 rose by 1.15 percent. to 2,387.74 points, the WIG increased by 1 percent. to 71,804.00 points and mWIG40 gained 0.89%. up to 5,330.11 points

sWIG80 – a new record

The sWIG80 was growing for the second consecutive session. The small company index increased by 0.65 percent. and recorded a level of 21,706.33 points. Thus, the index broke the previous peak on July 6, 2007 and set a new all-time record.

At the close of trading on the Warsaw Stock Exchange, gains prevailed in Europe, with domestic indices being at the forefront of the list. The German DAX gave up some of its earlier gains and ended the day 0.6 percent. above the dash. The American S&P 500 grew by 0.2 percent, and the technological Nasdaq was losing so much.

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JSW has led the growth in WIG20 since the opening of Monday’s quotations on the WSE. After the cosmetic correction on Friday, the mining company’s share price gained 4.4% on Monday. and with one of the highest turnover on the market (PLN 67 million), it improved the 2-year maximum to PLN 54.22. During the session, information was released to the market that JSW has reached an agreement with trade unions on wages (estimated cost in ’21 is PLN 139.3m), but this did not translate into the rate and investors continued to price the coal boom until the end of the day.

From noon it was evident that buyers were taking more and more initiative in the group of large companies, but the index made the biggest move in the last hour of trading. At the end of the session, CD Projekt was already growing by 3.6%, the energy PGE and Tauron were up 3.5% each, and Orlen was growing by 3.3%. In the first part of the day, each of them was close to or even below zero.

The turnover on the WSE amounted to PLN 1,086 million, of which PLN 826 million was attributable to WIG20 companies. The largest trade on the market took place on PZU shares – the turnover amounted to PLN 135 million, and the rate went up by 1 percent. up to PLN 41.14. On Monday was the last day when shares with the right to dividend could be purchased (PLN 3.50 per share).

Cyfrowy Polsat also set the dividend day for September 15 (PLN 1.20 per paper). On the D-2 day, the rate increased by 1.4 percent. up to PLN 35.54, with a turnover of PLN 6 million.


Mercator Medical lost the most for the second session in a row in WIG20 and once again gave up approx. 6%, after revising the estimated results for the second quarter downwards. The company is trading at PLN 159 per share, which is as much as in mid-July 2020. the historic high from October 2020, the rate has already dropped by approx. 75 percent.

After approx. 1 percent. KGHM and Dino fell, and a correction of 0.5 percent. 3 percent each LPP and CCC recorded increases on Friday. The clothing sector was one of the three industries that ended the session below the mark – it fell the most, by 0.6 percent.

In mWIG40, Mabion stood out with a double-digit growth. After five sessions of declines, the rate rebounded by 16%. with the highest turnover in the index (PLN 19 million).

Famur also rose sharply – it went up by 8 percent. up to PLN 2.81. DM BOŚ analysts upgraded their recommendation for Famur to “buy” from “hold” and raised the target price of the company’s shares to PLN 3.2 from PLN 2 earlier.

Ciech lost the most among mid-cap companies – it went down by 2.7 percent.

In the index of small companies, ZE PAK once again stood out with a double-digit growth, continuing the trend started after reports on the construction of nuclear reactors in Pątnów. This time the rate increased by 24 percent. up to PLN 25.2 with turnover of PLN 19 million. The company’s stock broke the 2017 highs and is the highest in 6 years.

Bogdanka was also growing strongly – investors are valuing the coal boom. The rate went up by 15 percent. to PLN 38.6, after an increase of 8 percent. on Friday. The company has been trading for 1.5 years at most.

Cormay also clearly rose – up by nearly 10 percent, and approx. 5 percent each. Sanok Rubber Company and Oponeo grew, which improved the historical peak of prices to PLN 65.

Most of all, the Global Cosmed was losing. The exchange rate dropped by 7%, but the turnover was many times lower than that of the growth leaders and amounted to PLN 271 thousand. zloty.

Main photo source: Shutterstock

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