Historic WIG record for the sixth time in a row

On Wednesday, the WIG index gained 0.26 percent and amounted to 68,813.65 points, closing the WSE session at the highest level in history for the sixth time in a row. After an increase of 1.7 percent to the level of 7,171.20 points, the WIG-Banki index recorded an annual maximum. The 14-year record was improved for the second time in a row by the mWIG40, ending trading at 5,097.42 points, after an increase of 0.29 percent. According to the analyst of BM BNP Paribas, Szymon Nowak, if the US markets end the session in the black, then on Thursday there may be an upward break from the consolidation also in the case of WIG20.

"We have another WIG record on Wednesday and the highest value of mWIG40 since 2007, but the dynamics of these increases is not high. The upward trend on the WSE is driven by smaller companies with the help of banks, but the WIG20 index is still in a sideways trend that started in June," Szymon Nowak, analyst of the BM BNP Paribas told PAP Biznes.

(PAP)