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WIG20 Index. The Polish Stock Exchange’s Reaction to Global Turbulence
This also had an impact on the Polish stock exchange. Its largest index, WIG20, was losing about 3.3 percent by 11:00 a.m. Virtually all of the companies on it – the largest listed on the domestic market – are losing between 2 and 5 percent. The biggest declines by 11:25 were recorded by:
- Cyfrowy Polsat: approx. -5.8%;
- KGHM: approx. -4.4%;
- Bank Pekao SA: ok. -4.5 percent;
- PGE: ok. -4,4 proc.;
- KRUK: approx. -4.2 percent
In addition, banks are declining: PKO BP (-3.8%), Alior (-3.5%) and Santander (-3.3%). Orlen’s share price fell by 3.1%, and CD Projekt’s by 3.7%.
The mWIG40 mid-cap index lost 3.6%, while the sWIG80 small-cap index fell by 3.95%. The biggest declines on Monday morning on the WSE were recorded by the food company Tarczyński, whose price fell by over 12% by 11:20.
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