Polish equity market surged on Monday. The broad market measure, the WIG Index, rose by 0.97%. Almost all sectors in the WIG Index generated positive returns. The exception were telecommunications (-0.24%), and food sector (-0.21%).
The large-cap stocks' measure, the WIG30 Index, added 1.05%. Within the WIG30 Index components, PKO BP (WSE: PKO) led advancers, jumping by 4.44% after the bank reported first-half earnings that reduced less than expected. This news also helped to lift PKO's banking-sector peers, namely MBANK (WSE: MBK), ING BSK (WSE: ING), BZ WBK (WSE: BZW) and PEKAO (WSE: PEO), which rebounded by 1.09%-3.52%. On the other side of the ledger, ALIOR (WSE: ALR) led the decliners, dropping 0.64%. It was followed by TAURON PE (WSE: TPE) and GTC (WSE: GTC), losing 0.55% and 0.5% respectively.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.