First half of 2021 very good for investors on WSE

The first half of 2021 turned out to be very good for investors on the Warsaw Stock Exchange (WSE). In the first six months of this year, the Warsaw Stock Exchange index – WIG – increased by 15.85 percent and reached the highest value in history at the level of 68,148.54 points. The WIG20 index kept pace with the most important world indices, achieving a rate of return of 11.82 percent.

"Everyone is now asking themselves what the second half of the year on the WSE will be like? In my opinion, all the factors that supported the increases in the past months will continue to work in favor of the domestic stock market. Among the main factors influencing further growth will be the fact that the Polish economy. It is quickly getting out of the crisis caused by the coronavirus pandemic," Przemysław Gerschmann, Advisor to the WSE Management Board, in the weekly WSE video commentary, said.

"Moreover, the ultra-low interest rates we now have basically all over the world and the ultra-dovish approach of central bankers will continue to deliver the low cost of money and a steady flow of more funds that are present in all stock exchanges and markets around the world. data from the Polish and global economy, i.e. the falling unemployment rate and growing expectations and moods of consumers mean that we can expect that the results of companies will continue to improve. our and neighboring indices started earlier this year," he added.

From January to June this year, the value of companies in the automotive and clothing sectors increased by almost half. The banking and pharmaceutical sectors, as well as the chemical and energy sectors, also recorded high increases. The only branch that saw a correction after the previous large increases were the game producers and publishers – the WIG.GAMES index fell by 17.83 percent.

(WBJ)