The Warsaw Stock Exchange Index (WIG) broke another record in just 24 hours. Although the broad market index remained below the line for a significant part of the day, it managed to break above the reference level at the end of the session. Thus, it broke the quotations from the previous day.
At the close, the WIG increased by 0.13 percent. by improving the record of trading to 68,256.77 points. The WIG20 was the only one that went down, losing 0.06 percent. up to 2,270.67 points The mid-market index increased by 0.62 percent. to 5,002.34 points, and is separated from the setting of a new 3-year record in closing prices by 1 point. sWIG80 gained 0.28 percent. up to 20,877.28 points
The turnover on the WSE amounted to nearly PLN 800 million, of which PLN 581 million was attributable to the largest companies.
WSE – quotes on August 5
In terms of sectors, energy companies were leading the gains – up by 2.5 percent. and clothing – an increase by 1.4%
5 out of 15 indices were losing, including mining the strongest – by 1.4 percent.
Allegro price fell the most in the group of domestic blue chips, which reported the results for Q2.
With the highest turnover on the WSE (PLN 147 million), the price lost 3.5 percent. and went back to PLN 64.19, the lowest in a month.
Allegro’s adjusted EBITDA in the second quarter of 2021 increased by 23.8% y / y. up to PLN 559.9 million. The net profit in this period was PLN 295.9 million compared to PLN 185 million profit a year earlier. Revenues increased by 28.4 percent. up to PLN 1.3 billion. The PAP Biznes consensus assumed PLN 537.6 million of EBITDA, PLN 288 million of net profit and PLN 1.288 billion of revenues.
According to analysts, Allegro’s upholding of forecasts for adjusted EBITDA for 2021 implies a relatively low dynamics of the result in the second half of the year. In turn, they positively assess the reduction in the expected level of investment.
Mercator Medical dropped almost as much, but with 10 times lower turnover, giving up a part of nearly 6 percent. Wednesday’s growth.
KGHM recorded the third decline – down 1.8%. The rate was not affected by the announcement published in the last hour of the session that the results for the first half of In ’21, the group will reverse a portion of the impairment loss on the balance of loans granted to the joint venture Sierra Gorda in the amount of PLN 1,655 million.
On the other hand, JSW grew the most – 3.4%, as well as energy Tauron and PGE – 3.1% each.
Up after approx. 2 percent. CD Projekt and CCC courses followed.
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