Capitalization of biggest companies completely different after year
21:26
Over the last year, the largest companies listed on the Warsaw Stock Exchange have experienced significant reshuffles in terms of their value. The companies that were at the top 12 months ago are now separated from this top by a gap.
The stock market crash that took place in March this year caused the retreat of investors, among others from the stocks of banks and traditional industries to e.g. game producers, including CD Projekt. The capitalization of CD Projekt is currently just over PLN 42 billion, which makes it the largest company on the WSE. PGNiG, second in the ranking, is worth less than PLN 30 billion. PKO BP, which was worth nearly PLN 50 billion 12 months ago, is currently valued at just over PLN 26 billion. PKN Orlen also lost a lot in value, which is now almost PLN 15 billion less than a year ago.
KGHM and Dino Polska perform well in the past 12 months. In the case of the former, the sharp increase in the value of shares took place relatively recently, because - due to rising prices of raw materials, especially copper - KGHM's capitalization increased from less than PLN 19 to over PLN 27 billion. Dino Polska is an example of stable business development. The value of the company grows systematically and gradually, and above all, it is reflected in the constantly improving financial results.